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