RISK MANAGEMENT

Manage RSKM Activities [ RSKM A}

Identify & Prioritize Risks Develop Risk Management Plan Monitor and Control Risks
[RSKM B1] [RSKM B2] [RSKM B3]

Define Avoidance
Identify Risks
Alternatives
[RSKM 1.1]
[RSKM 2.1]
Perform RSKM Activities {RSKM B}

Formalize Risk Implement

Prioritize Risks Management Plan Avoidance Steps Review Risks Re-Prioritize Risks
[RSKM 1.4] [RSKM 2.4] [RSKM 3.1] [RSKM 3.3] [RSKM 3.5]

Assign Probability Define Mitigation

[RSKM 1.2] Steps
[RSKM 2.2]

Finalize Risks to Review Risk Implement Implement Update Risk

be Managed Management Plan Mitigation Steps Contingency Steps Management Plan
[RSKM 1.5] [RSKM 2.5] [RSKM 3.2] [RSKM 3.4] [RSKM 3.6]
Define threshold &
Estimate Impact
Contingency Steps
[RSKM 1.3]
[RSKM 2.3]

Note: Shaded areas indicate major activities.

Task packages are shown within major activities.