RISK MANAGEMENT

Risk Management Plan for the Charming Cafe

reference: Version 1.0: date: 7/28/2014

VERSION HISTORY

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TABLE OF CONTENTS

1 Introduction……………………………………………………………………………………1
1.1 Project Summary………………………………………………………………….3
1.2 Project Scope……………………………………………………………………...5
1.3 Project Task(WBS)……………………………………………………………….7
1.4 Purpose of Risk Management Plan……………………………………………….8
2 Risk Management Planning…………………………..………………….…………………8
2.1 Process…………………………………………………………………………….8
2.2 Risk Identification………………………………………………………………...9
2.3 Risk Analysis…….………………………………………………………………17
2.3.1 Qualitative Risk Analysis…………………………………………………17
2.4 Risk Response Planning………………………………………………………..18

1 INTRODUCTION
1.1 Project summary
The purpose of this project is to open a new coffee shop in the local area of Covington, Ga. Charming Café will be owned by two partners, Allison Hatchell and Marshall Brumfield. This area has a high number of passing shoppers which is supported by a large and growing local population. There are a very few coffee shops in the area. Allison has experience in the restaurant business and Marshall in the commercial development industry there is an opportunity for great success. The coffee shop will serve breakfast, lunch, pastries, and variety of coffee from open to close. Operation schedule will be Monday through Saturday 5am-10pm and Sunday 9am-6pm. For continued success three positions are filled for COO, CFO, and CEO. The COO is responsible for planning and implementing the operations of the business. CFO is responsible for the financials within the company. While the CEO is in charge of all administration tasks for the company.
1.2 Scope statement Statement of Work—Project Description and
Project Product
The goal of the business is to fulfill customer desires for