RISK RESPONSE PLAN
Risk Response Plan for
Project Manager:
V1.0 date, initials, comment
V1.1
Priority
Impact Impact Risk L2&4
Example:
021111a New technology presents Schedule 5 0.7 3.5 M
IS with a steep learning
curve, could cause delay in
implementation
AN Rev. 2.0, 09/07/2003
Signs and Symptoms Status Action Plan Assigned to Comments
Staff does not obtain Active Advanced training planned S. Smith
training; early "prove for 3 staff to occur on
feasibility" tasks are not 12/2/03
completed
Risk
Category
Definitions
Risk ID YYMMDDx (e.g., 021112a = first risk, logged on Nov 12, 2002)
Impact Area Cost, Schedule, Scope, Quality
Impact Score 1/3/5/7/9 (where 9 is Very High)
Probability .1/.3/.5/.7/.9
Risk Score Impact x Probability
Priority L ( 4) [L = Low, M = Medium, H = High ]
Status 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