Project Risk Management Plan
A Project Risk Management Plan is a controlling document that incorporates the goals, strategies, and methods for performing risk management on a project. The Project Risk Management Plan describes all aspects of the risk identification, estimation, evaluation, and control processes. The purpose of developing such a plan is to determine the approach for cost-effectively performing risk management on the project.
[Project Name]
Project Risk Management Plan
Department:
Product or Process:
Document Owner:
Project or Organization Role:
Version Date Author Change Description
Confidential
2799_project_risk_management_p.doc
Last printed 4/1/2004 13:16:00 a4/p4
Project Risk Management Plan
Project Risk Management Plan Purpose
A Project Risk Management Plan is a controlling document that incorporates the goals,
strategies, and methods for performing risk management on a project. The Project Risk
Management Plan describes all aspects of the risk identification, estimation, evaluation, and
control processes. The purpose of developing such a plan is to determine the approach for cost-
effectively performing risk management on the project.
Stakeholder Roles and Responsibilities
Role Risk Management Responsibility Assignment
[Project Manager] [The Project Manager is responsible [Name]
for the Project Risk Management
Plan being implemented and for
reporting to the Project Sponsor and
Management Group.]
Risk Management Process and Activities
Risk Management Risk Management Task
Ownership (Participants)
Activity Description
[Risk Identification] [Identify the techniques that are used [Identify project team members
to identify risk factors at the beginning and key stakeholders to be
of the project and on an ongoing involved.]
basis. This may involve a formal risk
assessment workshop, a
brainstorming session, and interviews
at the beginning of each major
milestone phase.]
Risk Management Plan Audit Log
Approval
Record Name Responsibility Distribution
Authority
[Risk List] [Risk Manager] [Project Sponsor] [Intranet team site]
Confidential Page 2 3/28/2009
Project Risk Management Plan
Risk Assessment and Management Table
Risk Risk Risk
Risk Type Risk and Description Risk Owner
Chance Impact Priority
[Project [Inadequate project [Medium] [Medium] [Medium] [Project
Management definition Team Member]
Risks]
Stakeholders uncertain
of project scope]
Risk Management Plan Approvals
Prepared by:
Project Manager
Approved by:
Project Sponsor
Executive Sponsor
Client Sponsor
Confidential Page 3 3/28/2009
