A brief description of the project risk management plan
Please provide a brief description of the project risk management plan . Provide a brief description of the problem or problems; budget, timeline and scope, stakeholders, et cetera.]
Risk Thresholds and Tolerances Definitions
Describe how much risk is acceptable by each key stakeholder for each project objective.
Probability/Impact Scale Definitions Table
This is an example: “Opportunities represent positive impacts to both project exposure and objectives; threats represent negative impacts to both project exposure and objectives.” Below are example tables. You can replace with your own definitions table. Add a legend to explain definitions
Risk Breakdown Structure (RBS)
Define the potential sources of risk of your project. Your first level should be RBS Level 0 (Left-hand side – All Risks); next, your RBS Level 1 will be your categories of risks (such as technical risk, financial risk, regulatory risks, et cetera)