Question: Develop a Risk Management Plan template that can be used for any type of project with the following characteristics: The template must include the following

Develop a Risk Management Plan template that can be used for any type of project with the following characteristics:

  1. The template must include the following sections with a brief sentence or two of instructions for each section:
    1. Project Information - similar to 'General Information' in Table 4.2, page 30, of the Project Risk Management textbook.
    2. Methodology
    3. Roles and Responsibilities
    4. Risk Management Budgeting
    5. Risk Management Timing - similar to 'Risk Management Scheduling and Timing' in Table 4.2.
    6. Risk Categories - examples include technology, data, people, purchasing, etc.). You may come up with your own categories.
    7. Risk Probability/Likelihood and Impact Matrix
    8. Project Stakeholder Tolerances
    9. Risk Reporting Formats
    10. Monitoring and Controlling Risks

Note: Your template should not contain any project-specific information. You are not filling out or completing the template for a project, you are just creating a template that project managers who need to make a risk management plan can use.

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