Risk Management Plan

Writers' FIrst Review Draft:    (2WX9)

Term    (2Y0D)

Risk Management Plan    (2Y0E)

Origin/Source for Inclusion of the Term    (2Y0F)

FEAPMO (John Lee)    (2Y0G)

OMB Context Definition    (2Y0H)

Reference/URL OMB Context Definition    (2Y0I)

Business Definition    (2Y0J)

The Risk Management Plan (RMP) is the document prepared by a Project manager to foresee risks, to estimate the effectiveness and to mitigate them.    (2Y0K)

Reference/URL for Business Definition    (2Y0L)

http://en.wikipedia.org    (2Y0M)

Technical Definition    (2Y0N)

Risk is anything that threatens or limits the ability of a project to achieve its goal, objectives, or the production of project deliverables. Risk management is a process of thinking systematically about all possible undesirable outcomes before they happen and setting up procedures that will avoid them, minimize their impact, or cope with their impact.    (2Y0O)

Reference/URL Technical Definition    (2Y0P)

http://www.dis.wa.gov/pmframework/planning/riskmgmt.htm    (2Y0Q)

Context Definition 1    (2Y0R)

Reference/URL Context Definition 1    (2Y0S)

Context Definition 2    (2Y0T)

Reference/URL for Context Definition 2    (2Y0U)

Context Definition 3    (2Y0V)

Reference/URL for Context Definition 3    (2Y0W)

See Also Related Terms    (2Y0X)