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The Plan Risk Management process defines how to perform project risk management activities.
Plan risk management should;

  • Begin when a project is conceived.
  • Be completed early during project planning.

Careful and explicit planning enhances the probability of success;

  • For other risk management processes.
  • Important to provide sufficient resources & time for risk management activities.
  • Important to establish an agreed upon basis for evaluating risks.

The key benefit of the Plan Risk Management process is that it ensures that;

  • The degree.  
  • The type. 
  • The visibility.

Of risk management are commensurate with both;

  • The risks.
  • The importance of the project to the organization.

The risk management plan is vital to;

  • Communicate with.
  • Obtain agreement & support from;

All stakeholders to ensure that;

  • The risk management process is supported.
  • The risk management process is performed effectively;
    • Over the entire project life cycle.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
           
   
   
   
   
   
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Risk Management          
Plan management          
Plan Risk Management          
           
           
Process Inputs          
Project Management Plan          
Project Charter          
Stakeholder register          
enterprise environmental factors          
organizational process assets          
           
           
Tools and Techniques          
Analytical techniques          
expert judgment          
Meetings          
           
           
Process Outputs          
Risk Mgmt Plan          
           
           
Process Benefits          
Planning risk mgmt. ensures that the effort and resources put into risk mgmt. are commensurate with;
*  The actual risk
*  The importance of the project to the organization 
         
         
         
         
         
         
         
   
   
   
   
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