RISK MANAGEMENT PLAN
WATER PROJECT IN SUB-SAHARAN AFRICA
PREPARED BY
MINA GADELRAB
11584190
Risk Management Plan – 11584190
TABLE OF CONTENT
EXECUTIVE SUMMARY ..................................................................................................... 3
1.
2.
3.
4.
INTRODUCTION ............................................................................................................ 4
1.1.
Project Information ..................................................................................................... 4
1.2.
Project Scope ............................................................................................................... 5
1.3.
Project Objectives ....................................................................................................... 5
1.4.
Risk Management Process .......................................................................................... 5
COMMUNICATION AND CONSULTATION PLAN ................................................ 6
2.1.
Main Objectives .......................................................................................................... 6
2.2.
Stakeholders Analysis ................................................................................................. 6
ESTABLISHING CONTEXT ......................................................................................... 8
3.1.
Internal Context ........................................................................................................... 8
3.2.
External Context .......................................................................................................... 8
3.3.
Risk Management Context ........................................................................................ 10
3.4.
Risk Criteria .............................................................................................................. 10
3.5.
Stakeholders .............................................................................................................. 10
3.6.
Roles and Responsibilities ........................................................................................ 11
3.7.
Risk Management Policy .......................................................................................... 11
RISK ASSESSMENT PROCESS ................................................................................. 12
4.1.
4.1.1.
Identification Method ......................................................................................... 12
4.1.2.
Risk Scope .......................................................................................................... 12
4.1.3.
Risk Register ...................................................................................................... 12
4.2.
Risk Analysis............................................................................................................. 13
4.2.1.
Analysis Method ................................................................................................. 13
4.2.2.
Existing Risk Controls........................................................................................ 14
4.2.3.
Risk Acceptance Criteria ................................................................................... 14
4.3.
5.
Risk Identification ..................................................................................................... 12
Risk Evaluation ......................................................................................................... 15
4.3.1.
Evaluation Method ............................................................................................. 15
4.3.2.
Key Risks for Treatment ..................................................................................... 15
RISK TREATMENT ...................................................................................................... 16
5.1.
Probable Treatment