Risk Response Plan
| Risk Response Plan | ||||||||||
| # | Risk | Impact Area | Impact Score | Probability | Risk Score | Priority | Status | Action Plan | Assigned To | Risk Category |
| n | <Identify the risk> | <A brief description of the risk and its impact on costs, schedule etc> | 1 | 1 | 2 | High | Active | Open | Person responsible | External |
| n | <Identify the risk> | <A brief description of the risk and its impact on costs, schedule etc> | 3 | 3 | 6 | Medium | Observed | Closed | Person responsible | PM |
| n | <Identify the risk> | <A brief description of the risk and its impact on costs, schedule etc> | 5 | 5 | 10 | Low | Closed | New | Person responsible | General |
| n | <Identify the risk> | <A brief description of the risk and its impact on costs, schedule etc> | 7 | 7 | 14 | High | Active | Open | Person responsible | Org |
| n | <Identify the risk> | <A brief description of the risk and its impact on costs, schedule etc> | 9 | 9 | 18 | Medium | Observed | Closed | Person responsible | External |
| n | <Identify the risk> | <A brief description of the risk and its impact on costs, schedule etc> | 1 | 3 | 4 | Low | Closed | New | Person responsible | PM |
| n | <Identify the risk> | <A brief description of the risk and its impact on costs, schedule etc> | 3 | 5 | 8 | High | Active | Open | Person responsible | General |
| n | <Identify the risk> | <A brief description of the risk and its impact on costs, schedule etc> | 5 | 7 | 12 | Medium | Observed | Closed | Person responsible | Org |
| B | Risk Identifier—a descriptive name or number. Use this for tracking across project documents | |||||||||
| C | Identify the risk and relevant triggers that may cause the risk to be realized | |||||||||
| D | Impact Area: Cost, Schedule, Scope, Quality | |||||||||
| E | Impact Score: 1/3/5/7/9 (where 9 is Very High) | |||||||||
| F | Probability of the event occurring: 1/3/5/7/9 | |||||||||
| G | Impact x Probability | |||||||||
| H | Priority: L (<2), M (2 to 4), H (> 4) [L = Low, M = Medium, H = High] | |||||||||
| I | Active, Observe, Closed | |||||||||
| J | Identify the status of the risk: Open, Closed, New etc | |||||||||
| K | Identify the risk owner | |||||||||
| L | Ext = External; Org = Organizational; PM = Project Management; General = Technical, Quality or Performance |
1
2
3
4
5
A
B
C
D
#
Risk
Impact Area
n
<Identify the risk>
<A brief description of the risk and its impact on
costs, schedule etc>
n
<Identify the risk>
<A brief description of the risk and its impact on
costs, schedule etc>
Risk Response Plan
