Saturday, September 6, 2008

Introducting How to Create a Risk Management Plan

Risk Management Planning is the process of deciding how to approach and plan the risk management activities for a project. It consists of the following steps:

  • Determine and Organise Project Risk Managment Team.
  • Establish a budget for risk management.
  • Compiles the organisation policy and government standard.
  • Descibes the approaches, tools and data sources.

1 comment:

Olivia Jennifer said...

To manage the risk successfully one should have scum in their projects .With high competition, companies have to develop products faster and innovatively always adding value and greater customer satisfaction. In Scrum, it is important to learn and practice its basic principles which collectively and naturally help in the effective management of risk. As a project manager I follow a SBOK guide from

Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)