Risk Mitigation Plan Risk Response Plan Purpose

The risk mitigation plan (also sometimes referred to as a risk response plan) communicates how specific risks will be dealt with and the action steps that are required to carry them out. It gives team members a clear sense of the actions that they are expected to take and provides management with an understanding of what actions are being taken on their behalf to ameliorate project risk. The plan is frequently applied in the project management software as a series of tasks in addition to those...