Plan Risk Management
Risk management plan is an agreed up
on baseline for project risk evaluation. It should have the
Methododlogy (which describes how you will perform risk management),
Roles and Responsibilities (Who is responsible for managing the
individual risks), Budget information (How much money is available for
managing the identified risks), Timing (When and how the risk
management processes will be executed), Risk Categories (Whether it is
technical,quality,project management or external to name a few),
Definition of risk probability and Impact, Revised
Stakeholder tolerance (How much tolerable are the stakeholders for this
project), Reporting formats (What is the format of the risk register
and other reports - what are their contents and representation) and
Tracking (How the risk data will be saved for current project, for
lessons learned and audits)
Inputs
- Organizational Process Assets
- Enterprise Environmental Factors
- Project Scope Statement
- Project Management Plan
Tools and Techniques
- Planning meetings and Analysis
Outputs
- Risk Management Plan