PM/584 Week 1 Project Baseline UOPX

University of Phoenix Material

Risk Management Plan Outline

The following elements must be included in your Risk Management Plan. Your plan is not limited to the outlined content. Specific detail and content is determined on the scenario.

1) Executive Summary

2) Project Summary

a) Requirements

b) Schedule

c) Constraints

3) Risk Management Strategy and Process

a) Strategy

i) Application of resources

ii) Areas in which risk is accepted

b) Process

i) Risk identification

ii) Assessment

iii) Prioritization

iv) Management

v) Reporting and communicating

4) Executing Organization

5) Risk Identification

6) Risk Analysis

a) Explanation of risk analysis

i) Qualitative

ii) Semi-quantitative

iii) Assessment of risks

7) Risk Mitigation Planning

8) Risk Response Planning

9) Risk Tracking

a) Explanation of risk register

b) Presentation of risk register