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jla33 replied to the topic What is Risk Management Plan? in the forum Introduction to Project Management 6 years, 2 months ago
If I have a project to finish by a specific due date or an exam to study for, taking remedial measures at the very beginning of my work will help give a head-start as well as avoiding any issue that might bump in the way. It is the same case with bug projects, where an individual needs to make some measures ahead before starting with the project to save running into risks, which can completely throw the plan away. Project management plans can identify, anticipate, and employ solutions in case of running into issues/problems. A good project risk management plan is the one that can face the unexpected problems that might arise because the plan from the beginning has taken into consideration all the possible scenarios that can go wrong while executing the project. Some of the attributes of a good project risk management plan are a process, budget, work breakdown structure, risk register, roles and responsibilities, reporting structure and risk categories. During my last internship at United Healthcare, I followed this project risk management plan for the project I worked on.