EMSISS 533

1 INTRODUCTION 1.1 PURPOSE OF THE RISK MANAGEMENT PLAN The risk management plan is a primary tool for implementing the organization’s overall risk management program. A risk is an event or condition that, if it occurs, could have a positive or negative effect on a project’s objectives. Risk Management is the process of identifying, assessing, responding to, monitoring, and reporting risks. This Risk Management Plan defines how risks associated with the project will be identified, analy...

INTRODUCTION 1.1 PURPOSE OF THE RISK MANAGEMENT PLAN The risk management plan is a primary tool for implementing the organization’s overall risk management program. A risk is an event or condition that, if it occurs, could have a positive or negative effect on a project’s objectives. Risk Management is the process of identifying, assessing, responding to, monitoring, and reporting risks. This Risk Management Plan defines how risks associated with the project will be identified, analyze...