Risk Management Plan
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The backbone to project risk management on any project should be the risk management plan. ZenoE have the expertise to compile a comprehensive plan for any project to clearly identify:
1. Outline the context of the project indicating who are the major internal & external stakeholders
2. The project organisation, accountabilities and responsibilities: The key to effective risk management starts with commitment from the top of the organisation from where the culture cascades down.
3. Risk management process: The purpose being to systematically discover possible deviations from the project and business objectives and assess these deviation’s probabilities and magnitudes.
4. Risk assessment tools adequate for the organisational framework and the risk management process.
5. Deterministic qualitative risk assessment matrix for both hard objectives (schedule and cost) and softer objectives (safety, environment and reputation).
6. The rhythm & routines the project will adopt to embed the project risk cycle into the daily project administration to keep risks current
7. The reporting templates and governance pathway for those reports from project steering committees through to the organisations board.
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