Risk Management Plan
List the risks, assess their severity and probability, and try to consider measures on how the most serious / probable risks could be prevented in advance. In addition, it would be good to have a plan of how to act if the risk materializes. Attach the following section here:
| RISK ID | Description | Impact |
|---|---|---|
| #RIS404 | Team member gets sick | SemiMedium |
| #RIS101 | Project deadlines | SemiHigh |
| #RIS406 | Over budget | Medium |
| #RIS503 | System crash | High |
| #RIS218 | Software updates | Low |
Severity descriptions
| Severity class | Description | Other |
|---|---|---|
| S1 | High - Total show stopper | |
| S2 | SemiHigh - Not complete destruction | |
| S3 | Medium - Mood killer | |
| S4 | SemiMedium - Manageable | |
| S5 | Low - Observe and inform |