Risk Management Plan

Kinnunen Kitchen Remodel Project

Risk Management Plan

Mike Bartlett

12/08/2011

Project Risk Management FALA11 Sec B

Instructor: Professor James Dezell

Table of Contents

INTRODUCTION 3

PROJECT DESCRIPTION AND OBJECTIVES 3

AIMS, SCOPE AND OBJECTIVES OF THE RISK PROCESS 3

APPLICATION OF THE ATOM PROCESS 4

RISK TOOLS AND TECHNIQUES 4

Initiation

Assessment 5

Response Planning

Reporting

Implementation

Review Post Project Review

ORGANIZATION, ROLES AND RESPONSIBILITIES FOR RISK MANAGEMENT 5

Project Sponsor

Project Manager

RISK REVIEWS AND REPORTING 6

APPENDIX A: DEFINITIONS OF PROBABILITY AND IMPACT 7

Probability-Impact Matrix 9

APPENDIX B: STANDARD RISK BREAKDOWN STRUCTURE 10

APPENDIX C: FULL RISK REPORT 11

Executive Summary

Scope and Objectives of Report

Overall Risk Status 12

Top Risks, Actions and Owners

Changes since Last Review

Conclusions and Recommendations

APPENDIX D: SUMMARY RISK REPORT 13

Executive Summary

Scope and Objectives of Report 14

Overall Risk Status

Top Risks, Actions and Owners

Changes since Last Review

Conclusions and Recommendations

APPENDIX E: RISK REGISTERY 16

APPENDIX F: STAKEHOLDER ANALYSIS 17

APPENDIX G: PROJECT SIZING 18

WORKS CITED 20

INTRODUCTION

This document is the Risk Management Plan for the Kinnunen Kitchen Remodel Project. The document will define the risk management process that has been implemented throughout the course of this project. This document follows the layout and structure of the template located on page 197 of the Hillson and Simon textbook “Practical Project Risk Management – The ATOM Methodology” with input from the Atom-Risk website. (Hillson, pgs. 197-210) and (http://www.atom-risk.com/index.html) The responsibility of maintaining, reviewing and...