write using this scenario:
A telecommunications company has just assigned you to be project manager for a product improvement project. The scope statement of the project simply says, “Make this product better.” The engineering team believes that they know how to make the product better and have ignored ideas from the sales team. The project funds are secure, as the company believes that improving this product will give them strategic advantages.
Define the risk management process.
Explain the role of risk management in the project planning process.
Describe at least 2 risks and their sources for the selected scenario.
Outline how risk management may mitigate the risks for each risk listed.
Explain how you would document the risk.