Risk Management Plan (Template)
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 |