Risk Management Planning
The output of risk management planning is a Risk Management Plan (RMP) that documents the procedures for managing risks throughout a project.
The project team should review the RMP and understand and implement the organisation's and sponsor's approaches to risk management.
The level of detail will vary with the needs of the project
The Risk Management Plan
Methodology
Roles and responsibilities
Budget and Schedule
Risk Categories
Risk probability and impact
Tracking
Risk Documentation
Contingency plans
Fall-back plans
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