Risk Management Plan Template

INTRODUCTION 
Job Title:
Company/Industry Name:
Job Role/Description:

RISK IDENTIFICATION AND PLANNING

Risk assessment and triggers 

Risk Overview Risk Risk Triggers

Category
Ex. The hardware will be delivered 10 External -  Congested delivery of logistics/courier
days late, leading to an overall project supplier  and due to the bad weather condition.
delay of 10 days   Confirmed hardware delivery initiation
dates not available at project initiation. 

*Example risk category

RISK REGISTER 
Risk Consequences Probability Impact  Priority Response Plan Assignee
(If/then
statement)
Ex. If the Overall High  Extreme Highest Agree on penalties Higher
hardware project delay priority with hardware management,
will be of 10 days and supplier delayed Supplier and
delivered great impact delivery third-party
10 days on revenue  Evaluate ways Logistics/
late then it and credibility to shorten the courier 
will lead to timeline for
an overall onsite activities
project like installation,
 delay of 10 Commissioning,
days etc.
 Have a
contingency
plan before the
risk arises

*probability – low, average or high

*impact – low, medium, high or extreme
*priority – not priority, lowest, low, medium, high or highest priority