What are the contents of Risk management Plan? Have you ever prepared a Risk Management Plan ?

  • Interview Candidate
  • 2
  • 2298

Showing Answers 1 - 2 of 2 Answers

Ravikumar.S

  • Jul 3rd, 2006
 

Hi all

 In general it consist of types risk associated and mitigation for it. It also consist of severity. In general RMP is created by PM and updated by Module Leads when needed.

  Was this answer useful?  Yes

Prashant Agrawal

  • Jan 22nd, 2007
 

Risk Managment Plan normally list all the potential problems a project would encounter during the SDLC phase. It not only list the risk but also gives us the way the risk could be overcome in time the risk occurs.

Below is the format for a Risk mitigation plan

Risk

Consequence

Prob. of Occurrence (H/M/L)

Owner

Mitigation Strategy

Contingency (if risk is realized)

  Was this answer useful?  Yes

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.

 

Related Answered Questions

 

Related Open Questions