RISK RESPONSE PLAN
Risk Response Plan for
Project Manager: V1.0 V1.1 date, initials, comment
Risk ID Example: 021111a
Risk Description
Impact Area
Impact Score
Probability
Priority Risk L<2 Score M>2&<4 H>4 3.5 M
New technology presents Schedule IS with a steep learning curve, could cause delay in implementation
5
0.7
AN
Rev. 2.0, 09/07/2003
Signs and Symptoms
Status
Action Plan
Assigned to
Comments
Staff does not obtain training; early "prove feasibility" tasks are not completed
Active Advanced training planned S. Smith for 3 staff to occur on 12/2/03
Risk Category
Definitions
Risk ID Impact Area Impact Score Probability Risk Score Priority Status YYMMDDx (e.g., 021112a = first risk, logged on Nov 12, 2002) Cost, Schedule, Scope, Quality 1/3/5/7/9 (where 9 is Very High) .1/.3/.5/.7/.9 Impact x Probability L (<2), M (2 to 4), H (> 4) [L = Low, M = Medium, H = High ]
Active (being worked), Observe, Closed
Risk Category Ext = External; Org = Organizational; PM = Project Management; General = Technical, Quality or Performance
Note: Values for Probability and Impact Score are derived from the Risk Management Plan