Risk Management Plan.docx - Risk Management Plan Risks Likelihoo d Impact Risk Level Completing strategies within timeframes 4 7 Catastrophic

Risk Management Plan.docx - Risk Management Plan Risks...

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Risk Management Plan Risks Likelihoo d Impact Risk Level Risk Control Measures Completing strategies within timeframes 4 7 Catastrophic 1. Ensure you have formalised management support to apply contingencies 2. monitor implementation of operational plan on a daily basis 3. Ensure management are kept informed of issue as soon as event occurs 4. inform management of above and seek input and decision within 24 hours 5. apply relevant contingency immediately Insufficient competent staf 2 7 Serious 1. Ensure you have sufficient staf numbers 2. Ensure all staf are trained on their relevant operations 3. use points 1-5 above No support from management 1 8 Minor 1. use points 1-5 in the first risk. Legend: Risk potential risk. Likelihood Probability of a risk occurring. Impact Degree of damage due to a risk occurrence. Risk Level Likelihood x Impact. Risk Control Measures What are the actions to be taken to control the risk event?
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  • '16
  • jane

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