Cover Page

Course Project Part II

Military Retirement Ceremony

Keller Graduate School of Management

PROJ 595 – Project Risk Management

Phillip Thatcher

October 24, 2014

Edward Yerington

TABLE OF CONTENTS

Project Risks for Planning a Military Retirement Ceremony

Course Project Part I ………………………………………………………………………………………….3,4,5,6,7,8,9

Introduction……………………………………………………………………………………………………………………………10

Decision Tree Analysis……………………………………………………………………………………………………………11

Discussion of Decision Tree…………………………………………………………………………………………………..12

Fault Tree……………………………………………………………………………………………………………………………….13

Discussion of Fault Tree………………………………………………………………………………………………………..14

Conclusions…………………………………………………………………………………………………………………………….15

Works cited…………………………………………………………………………………………………………………………….16

Introduction
The Project Manager or the Commanding Officer of this project is responsible for the implementation of the Project Risk Management Plan. A formal detailed plan is required for these large complex and high-risk projects. These projects require a specified treatment plan to monitor and control risk. However, for smaller less complicated projects the risk plan is usually combined into the daily operations of the project tasks. In which I will assign to the appropriate sections. Such was the case for the planning a Military Retirement Ceremony. This report will discuss how risk were identified, prioritized and monitored for the project of planning of the Military Retirement Ceremony. I will discuss how the identification and ranking of risk were used to make key decision made for project constraints of scope, time, and costs. I will then conclude by summarizing the importance of risk planning in successful project planning.

Risk Management Planning
Project risk management is a systematic approach to planning for and