Risk Response Plan

# Risk Impact Area

<A brief description of the risk and its impact on

n <Identify the risk>
costs, schedule etc>

<A brief description of the risk and its impact on

n <Identify the risk>
costs, schedule etc>

<A brief description of the risk and its impact on

n <Identify the risk>
costs, schedule etc>

<A brief description of the risk and its impact on

n <Identify the risk>
costs, schedule etc>

<A brief description of the risk and its impact on

n <Identify the risk>
costs, schedule etc>

<A brief description of the risk and its impact on

n <Identify the risk>
costs, schedule etc>

<A brief description of the risk and its impact on

n <Identify the risk>
costs, schedule etc>

<A brief description of the risk and its impact on

n <Identify the risk>
costs, schedule etc>

B Risk Identifier—a descriptive name or number. Use this for tracking across project documents
C Identify the risk and relevant triggers that may cause the risk to be realized
D Impact Area: Cost, Schedule, Scope, Quality
E Impact Score: 1/3/5/7/9 (where 9 is Very High)
F Probability of the event occurring: 1/3/5/7/9
G Impact x Probability
H Priority: L (<2), M (2 to 4), H (> 4) [L = Low, M = Medium, H = High]
I Active, Observe, Closed
J Identify the status of the risk: Open, Closed, New etc
K Identify the risk owner
L Ext = External; Org = Organizational; PM = Project Management; General = Technical, Quality or Performance
 Impact Score Probability Risk Score Priority Status

1 1 2 High Active

3 3 6 Medium Observed

5 5 10 Low Closed

7 7 14 High Active

9 9 18 Medium Observed

1 3 4 Low Closed

3 5 8 High Active

5 7 12 Medium Observed

ss project documents
ed

al = Technical, Quality or Performance

Action Plan Assigned To Risk Category

Open Person responsible External

Closed Person responsible PM

New Person responsible General

Open Person responsible Org

Closed Person responsible External

New Person responsible PM

Open Person responsible General

Closed Person responsible Org