Risk response plan
- 1. <Agency> <Project Name> State of Minnesota <project name> Project Risk Response Plan Project Name: ___________________________ Prepared By: ___________________________ Date: ______________ Instructions for using this document Risk Identification: Assign Risk ID#. Categorize the risk (scope, schedule, budget, project linkages, human resources, executive support, business/ organizational impact, technology, vendor, or other). Describe the risk. Risk Impact: Describe the impact of the risk event on project objectives. Risk Response: Determine options and actions to reduce the likelihood or consequences of risk impact on the project's objectives. Describe actions to be taken to mitigate the risk, and the action to be taken when this risk event occurs (contingency plan). Assign responsibilities for each agreed response. Risk Response Tracking: Document the dates and effectiveness of actions taken, if any. 10/31/2011 Page 1 Risk Response Plan Template Feb 2006 Office of Enterprise Technology
- 2. <Agency> <Project Name> Risk Response Plan Risk Risk Category Risk Description Risk Impact Risk Response Risk Response Tracking ID # 000 Vendor The vendor may not This will delay the project due to A. Hold weekly meetings with 05/22/02 - Assigned to ABC. understand our requirements “late discovery” of issues. the vendor to ensure 06/04/02 - First meeting with the in the context of our business requirements are well defined vendor was held. Productive objectives and the current and understood. meeting. Meeting schedule operational constraints. confirmed with the vendor. (Refer to Meeting Notes: 06/04/02). B. Produce prototypes of 05/22/02 - Assigned to XYZ. screen and report layouts, 05/22/02 - Tracking will be and obtain user acceptance performed using the project before development. schedule. Add the “create”, “review”, 06/04/22 – Tasks added to the ”revise”, and “approve” of project schedule. prototypes tasks to Project Schedule for all reports and screens. 001 002 003 10/31/2011 Page 2 Risk Response Plan Template v. 1.1 07/12/2002 Office of Technology Project Management Office