The Project Risk Management Plan

Enterprise Project Management

MSPM1-GC4000

Edward Kleinert

Risk Description Impact Type Probability

Rating Impact Rating

Priority

Rating Owner

Business 1 - None 1 - None Accept

Scope 2 - Low 2 - Little Avoid

Technical 3 – Medium 3 - Moderate Mitigate (P)

Schedule 4 – High 4 - Heavy Mitigate (I)

Resources 5 - Certain 5 - Devastate Transfer

Cost

1

2

3

4

5

6

7

8

9

10

Principles of Project Management

MSPM1-GC1000

Edward Kleinert

Risk Management: Probability (P) and Impact (I) Risk Matrix

Risk Response

Probability x

Impact

Identify and Describe Risk

Response

1