Assessing the level of risk associated with the project management agreement between The Coleman Project LLC (TCP) and J. Smith & Associates (JSA) is essential to meet all project deadlines. The focus of this risk assessment relates to the office construction, furniture and equipment being installed for JSA's new regional office in Scottsdale, Arizona. The agreed start date of the project is February 28, 2013 and the completion date is May 25, 2013. What is the risk associated with this project? Microsoft defines project management risk as “A risk is the possibility of an event or condition that would negatively impact a project. Risk management is the process of identifying, mitigating, and controlling known risks to increase the likelihood of achieving your project objectives” (Microsoft, 2013). This definition of risk will provide a point of clarification between JSA and TCP to establish a baseline understanding of project management risk. The TCP project risk management tool used to identify, mitigate or control risks will focus on three areas: overall project risk, subcontractor risk and project-specific risk. Overall project risks are risks that may affect any project. Kendrick (2009) used information from the Peril database and with this data TCP created a matrix representing delays due to unmitigated risk, see Appendix 1. The list quantifies actual project delays over a specific period of time, then averages these risks by identifying the average potential delay. by risk category. This component of TCP risk management tools provides insight into how a risk can delay a project. The impact of a "black swan" was not quantified in the matrix given their rarity but Kendrick, 2008 explains ...... middle of paper ...... shared with the technical team of the TCP in case missing resources impact their installation. On the ground, the primary function of the TCP project team is to usher in an orderly and efficient, fully furnished opening of the new JSA regional office. The TCP team will also take care of the inventory of all office equipment and furniture delivered to the site. TCP will have a team of two people on the ground, with the main risk being that one or both will become ill. The TCP team is confident that the risk assessment provided for the construction of the J. Smith & Associates regional office in Scottsdale, Arizona, fully addresses the potential risks of delay. . Daily emails and weekly reports will be provided to all stakeholders regarding progress. Communication to all stakeholders with solutions and project schedule updates will be provided immediately if any risk causes or could cause a delay..