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Project Risk Plan

The risk plan will lay out the actions to be taken to prevent risk, as well as those that will reduce the effects of the risk, should it come to bear on the project.

687 KB | 3 files | null DOC,null PDF

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