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Risk Management Strategy Template

VIEWS: 3 PAGES: 1

  • pg 1
									Risk Management Strategy
(maximum of 2 pages)

                   Likelihood before                                                             Likelihood after
                                               Impact before                                                                 Impact after
                   implementation of                                                             implementation of
                                               implementation of                Mitigation                                   implementation of
Risk               mitigation strategies                                                         mitigation strategies
                                               mitigation strategies            strategies                                   mitigation strategies
                   (unlikely, possible,                                                          (unlikely, possible,
                                               (low, medium, high)                                                           (low, medium, high)
                   likely, almost certain)                                                       likely, almost certain)
                   Insert likelihood of risk                                    Insert           Insert likelihood of risk
                                               Insert impact of risk one                                                     Insert impact of risk one
                   one occurring before                                         mitigation       one occurring after
Insert risk one                                before implementation                                                         after implementation of
                   implementation of                                            strategies for   implementation of
                                               of mitigation strategies                                                      mitigation strategies
                   mitigation strategies                                        risk one         mitigation strategies
                   Insert likelihood of risk                                    Insert           Insert likelihood of risk
                                               Insert impact of risk two                                                     Insert impact of risk two
                   two occurring before                                         mitigation       two occurring after
Insert risk two                                before implementation                                                         after implementation of
                   implementation of                                            strategies for   implementation of
                                               of mitigation strategies                                                      mitigation strategies
                   mitigation strategies                                        risk two         mitigation strategies
                   Insert likelihood of risk   Insert impact of risk            Insert           Insert likelihood of risk   Insert impact of risk
Insert risk        three occurring before      three before                     mitigation       three occurring after       three after
three              implementation of           implementation of                strategies for   implementation of           implementation of
                   mitigation strategies       mitigation strategies            risk three       mitigation strategies       mitigation strategies
                   Insert likelihood of risk                                    Insert           Insert likelihood of risk
                                               Insert impact of risk four                                                    Insert impact of risk four
                   four occurring before                                        mitigation       four occurring after
Insert risk four                               before implementation                                                         after implementation of
                   implementation of                                            strategies for   implementation of
                                               of mitigation strategies                                                      mitigation strategies
                   mitigation strategies                                        risk four        mitigation strategies

Impact Key
Low impact: Will have little impact on the outcomes of the project
Medium impact: Will have some impact on the outcomes of the project but will not stop the project from proceeding
High impact: Will alter the project outcomes significantly and may stop the project from proceeding




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