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  4. 5. Planning Phase
  5. Risk Management Plan

Risk Management Plan

Risk Management Plan is one of the project management document you can create with our project management lifecycle software.

Risks have negative impacts to a project. Therefore, it is important to take appropriate measures to identify, mitigate, manage and control them. Risk Management Planning is to identify and detail these aspects. Here are the risk management activities to be planned.

This article shows you how to develop a Risk Management Plan.

Activity 1: Perform Risk Management Planning

Provide a general description for the approach to be taken to identify and manage the risks associated with the project. You should enter a short paragraph or two summarizing the approach to risk management.

Then, fill-in the table that provides an overview of the roles and responsibilities for the project’s risk management activities.

Risk Management Plan