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Project Risk Mitigation Plan Overview

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0% found this document useful (0 votes)
5 views4 pages

Project Risk Mitigation Plan Overview

Uploaded by

Luna Racks
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Bradley Corporation

Project Risk Mitigation Plan


Project Name
Project Manager
Date Completed

Risk Priority
Target
Impact Impact Low<7 Assigned
Risk ID Risk Description Probability Risk Score Risk Category Signs and Symptoms Threshold Status Action Date to Comments
Area Score Medium>7<11 to
Complete
High>12
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FCD#- 0492 CONFIDENTIAL Page 1 of 4


Rev 1
Bradley Corporation

6.99

FCD#- 0492 CONFIDENTIAL Page 2 of 4


Rev 1
Definitions

Risk ID YYMMDDx (e.g., 021112a = first risk, logged on Nov 12, 2002)

Impact Area Cost, Schedule, Scope, Quality Qualitative rating 1-5


Impact Score Qualitative rating 1-5
Probability Qualitative rating 1-5
Risk Score Impact x Probability
Priority L (<7), M (7-11), H (> 12) [L = Low, M = Medium, H = High]

Signs or Symptoms Signals or warning signs that may indicate that the risk is
emerging
Threshold Measurement that will indicate when you will put your
response plan into action.
Status Active (being worked), Observe, Complete
Risk Category Ext = External; Org = Organizational; PM = Project
Management; General = Technical, Quality or Performance

Note: Values for Probability and Impact Score are derived


from the Risk Management Plan
Safety 1 Active External High
Quality 2 Observe Internal Medium

Delivery 3 Complete Project Low


Cost 4 Technical
Inventory 5 Safety
NPD Quality
Project

R&D

Sales

Capacity
Supplier

Customer
BOS
Strategic

Morale
Code/Std
IT
Other

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