Project Risk Plan

A Risk Plan outlines the foreseeable project risks and provides a set of actions to be taken to both prevent the risk from occurring and reduce the impact of the risk should it eventuate.  More specifically, the plan includes:

• A full list of all of the foreseeable risks during the project

• A rating of the likelihood of each risk's occurring

• A rating of the impact on the project should each risk actually occur

• A priority rating of the overall importance of each risk

• A set of preventative actions to reduce the likelihood of the risk's occurring

• A set of contingent actions to reduce the impact should the risk eventuate

• A process for managing risks through the project.

The following is a template for a Project Risk Plan, provided by Method123.

The attached Zip file includes:

• Intro Page.doc

• Cover Sheet and Terms.pdf

• Project Risk Plan.pdf

Related Knowledge Network Content

•Project Risk Process Form

•Project Risk Form

•Project Management Guidebook