Risk Management Plan Template
The Risk Management Plan
is used to identify, evaluate and prioritize risks. The Risk Manager
uses this information to prepare mitigation actions and contingency
plans in order to counteract the potential impacts these risk may have
on the project's success.
This plan is updated and expanded throughout the
development life-cycle as the project increases in complexity and risks
become more defined. The Risk Management
Plan
is part of the System Concept Development Phase in the Software
Development Life Cycle (SDLC).
Use this template to:
-
Identify and understand the risks to which your project
is exposed.
-
Create and implement an effective plan to prevent losses
or reduce the impact if a loss occurs.
-
Measure and prioritize risks and take the appropriate
actions to reduce losses.
-
Protect the reputation and public image of your
organization.
-
Reduce legal liability and increase the stability of
operations.
Here's are five steps to help you build your Risk
Management Plan.
1. Risk Identification – the Risk Manager
conducts risk identification meetings and uses the Risk Identification
report and questionnaire to assist with initial identification of risks.
2. Risk Analysis – this involves categorizing risks, impact
analysis, risk reviews, risk acceptance and updating the Risk Log.
3. Risk Response Planning – next plan mitigation activities,
contingency activities, and review the risk action plans.
4. Risk Plan Implementation – once these are established, monitor
trigger events, execute the action plan, and update the Risk Log.
5. Risk Tracking, Monitoring & Control – this stages concerns how
the risk is progressing, as well as mitigation/contingency strategies
that have been executed. When changes to the risk occur, repeat the
cycle of identify, analyze, and plan.
Download Now for only $9.95 - Buy Here!
Sample Screenshots biz
Download Now for only $9.95 - Buy Here!
including 5 Free Excel
Templates!
Table of Contents
to
1 Introduction
1.1 Purpose
1.2 Background
1.3 Scope
1.3.1 Assumptions
1.3.2 Constraints
1.4 Policy
1.5 Risk Management Approach
2 Risk Identification
2.1 Conducting Formal Risk Identification Reviews
2.2 Conducting Informal Risk Identification
2.3 Documenting Risks
2.4 Validating Risks
3 Risks Analysis
3.1 Categorize Risk
3.2 Impact Analysis
3.3 Review Risk v Risk Tolerances
3.4 Review Risk Analysis and Ranking
3.5 Risk Acceptance
3.6 Update Risk Log
4 Risk Response Planning
4.1 Plan Mitigation Activities
4.2 Plan Contingency Activities
4.3 Review Risk Action Plans
4.4 Update Risk Log
5 Risk Plan Implementation
5.1 Monitoring Trigger Events
5.2 Executing Action Plan
5.3 Updating the Risk Log
6 Risk Tracking, Monitoring & Control
6.1 Reporting Risk Status
6.2 Reviewing Changes to Risk Profiles and Action Plans
6.3 Retiring Risks
7 Risk Management Milestones
8 Risk Communications
8.1 Status Meetings
8.2 Lessons Learned
8.3 Escalate Risks
9 Roles and Responsibilities
9.1 Project Office
9.2 Project Sponsor
9.3 Other Participants
10 Contractor’s Role in Risk Management
10.1 Contractor Risk Management Plan
10.2 Contractor Participation in Risk Management
11 Budget
12 Tools, Techniques & Reports
12.1 Risk Management Software
12.2 Risk Management Reports
13 Glossary of Terms
What's included in the template pack
The templates are in
Microsoft Word and Excel and can be downloaded online for only $9.95.
The template pack includes the following documents:
|
Risk Management Plan |
24 pages |
 |
|
Risk Assessment Checklist |
1
x worksheet |
 |
|
Risk Assessment Questionnaire |
1
x worksheet |
|
|
Risk Log |
1
x worksheet |
|
|
Risk Register |
1
x worksheet |
|
|
Risk Response Plan |
1
x worksheet |
|
Download Now for only $9.95 - Buy Here!
|
60-day Money-Back Guarantee
Secure Online
Order Form
Supports Windows
98, Me, 2000, 2003, XP, Vista. 
I'm Ivan Walsh, the person behind this site. I help people improve how they write, publish and extend their business assets.