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

  1. 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 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 create a risk management plan can use.

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