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Template of Risk Management Plan

List the risks, assess their severity and probability, and try to consider measures on how the most serious / probable risks could be prevented in advance. In addition, it would be good to have a plan of how to act if the risk materializes. Attach the following section here:

Record the risks to the project in the table below and maintain them as needed. Each risk is given a unique identifier, eg RIS007, as this facilitates their handling in different situations.

RISK ID Description Severity Probability Responsible Action in case the risk escalates
RIS01 Team member gets the flu S3 3 James Pot Inform the team leader and the client, if necessary.
RISKXX detailed description of risk, if needed
RISKXX ... ... ... ... ...
RISKXX ... ... ... ... ...

Severity descriptions

The severity class should be defined according the project

Severity class Description Other
S1 Force Major - Total show stopper
S2
S3 Possible
S4
S5 No immediate affect, to be observed