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Risk Managment Essay

253 words - 2 pages

Project Risk Management Plan

Product or Process:
Document Owner:
Project or Organization Role:

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Project Risk Management Plan Purpose
A Project Risk Management Plan is a controlling document that incorporates the goals, strategies, and methods for performing risk management on a project. The Project Risk Management Plan describes all aspects of the risk identification, estimation, evaluation, and control processes. The purpose of developing such a plan is to determine the approach for ...view middle of the document...

This may involve a formal risk assessment workshop, a brainstorming session, and interviews at the beginning of each major milestone phase.] | [Identify project team members and key stakeholders to be involved.] |
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* Risk Management Plan Audit Log
Record Name | Responsibility | Approval Authority | Distribution |
[Risk List] | [Risk Manager] | [Project Sponsor] | [Intranet team site] |
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* Risk Assessment and Management Table
Risk Type | Risk and Description | Risk Chance | Risk Impact | Risk Priority | Risk Owner |
[Project Management Risks] | [Inadequate project definitionStakeholders uncertain of project scope] | [Medium] | [Medium] | [Medium] | [ProjectTeam Member] |
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* Risk Management Plan Approvals
Prepared by:

Project Manager
Approved by:

Project Sponsor


Executive Sponsor


Client Sponsor

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