Risk management
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Risk management
The risk management section outlines the organizational structure and procedures that are necessary to affect the plan within the project organization. This should include an organizational chart that indicates those responsible for the risk management, schedule information that indicates how and when the risk management plan would be revised (periodically, at certain events, or?), when and to whom risk reports will be sent, and any other general plans that should be undertaken by the actual project management organization.
Now we turn to the development of the process that creates the formal Risk Management Plan, which becomes the roadmap toward a professional, risk-informed project. This plan has many audiences that must all work in concert–the project team itself, senior executives, funding partners, consultants, vendors, etc. The final Risk Management Plan (RMP) includes the products of each of the tools, discusses the process by which those tools get updated, and establishes the team that is charged with the responsibility of managing and reporting the results of the risk process.
**We are to develop the risk management plan for the Zogida Apartment. This is Chapter 10. I have attached another document (Seattle-Tacoma airport) as a reference/guideline for us to develop chapter 10 for the apartment project.
Again we are only developing chapter 10.
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