Risk Management Plan $($RMP$)$:Purpose and Context: Briefly describe the purpose of the RMP and the context within which it exists.Risk Identification: Discuss methods for identifying risks, such as brainstorming sessions, SWOT analysis, etc.Risk Assessment: Propose a methodology for assessing risks. This could include identifying likelihood and impact, and then determining risk levels.Risk Treatment: Describe how to respond to risks based on their risk levels, such as accepting, mitigating, transferring, or avoiding them.Monitoring and Review: Discuss how and when the RMP should be reviewed and updated.Risk Communication and Consultation: Describe who should be involved in the risk management process and how communication should take place.