MARCH 19, 2014 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 Show More
