Risk Management Plan
Develop a risk management plan for your shared activity or relationship that identifies the risks that may prevent the objectives being met. This can be done jointly or individually and then combined.
1. Purpose of the Risk Management Plan
The purpose of the risk management plan is to allow an organisation to identify and record potential risks. The plan also allows mitigation strategies to be developed and tracked.
The document should be updated whenever is necessary, i.e. following an incident of significant impact on the organisation’s day-to-day operation.
2. Organisational Context
It is not
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