Following this information, finalise the program risk management plan template below.

Candidate's name
Workplace/organisation	Lombra Restaurant
Program name	Risk Management Planning
State/territory where the program is being undertaken	SA, Adelaide
Overview of the program	Opening a second venue in another city
Projects associated with this program	- Having an efficient booking system - Social media on top of last trends - Become a venue popular for functions
Candidate's role/title in this program	Project Manager
Program sponsor/client	Now Book It

Program Risk Management Plan Template

Note to Student:You may add/revise the sections and fields below, as needed.

Program Name:

Associated Projects:

1.

2.

3.

Prepared by:

Date:

Program Objectives (SMART)

1.

2.

3.

Risk Management Objectives

Internal Context of Risk Management

External Context of Risk Management

Relevant Standards (e.g.AS/NZS ISO 31000:2009)

Program Risk Management Methodology to be Used

Description

Modifications to align with program objectives

Methods to be used/implemented for this methodology

Management of Risk Control and Treatments

How risk controls and treatments are to be identified (i.e. the process of risk identification)

How risk controls and treatments are to be implemented.

Including Measures to ensure that risk controls and treatments are implemented in a timely manner, e.g. Service-Level Agreements (SLAs).

How risk controls and treatments are to be monitored.

Frequency of monitoring.

How risk controls and treatments are to be documented.

How risk controls and treatment are to be communicated effectively to relevant program stakeholders

Tools and software to be used in managing these controls and treatments

(the link can be visitedhttps://www.softwareadvice.com.au/directory/m218/risk-management/software)

Who is responsible for regularly managing these risk controls and treatments?

Measures to ensure that these owners are notified immediately.

Arrangements for participation and consultation with relevant program/project stakeholders

Management of Risk Outcomes

How risk management outcomes are to be monitored.

Frequency of monitoring.

How risk management outcomes are to be documented.

How risk management outcomes are to be communicated effectively to relevant program stakeholders.

Tools and software to be used in monitoring and documenting these risk management outcomes.

Who is responsible for regularly monitoring and documenting these risk management outcomes

Arrangements for participation and consultation with relevant program/project stakeholders

Continuous Improvement - Risk Management System

Measures for regular review of the risk management system.

Date of next review

Measures to ensure feedback and issues about the system are actioned in a timely manner.

Who is responsible for acting on this feedback and issues?

Attachments

List of supplementary documents attached along with this program risk management system/plan

• Policies and procedures document
• Forms and templates to be used
• References to tools/applications to be used as part of this system.