Let’s talk about the “Risk Management Plan”!!!

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My dear collegue, Mr. Harry Hall, has posted the below 2 very interesting articles about “Risk Management Plan”:

a. How to Right-Size Your Risk Management Plan

b. The Risk Management Plan

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I am quoting a part from the first article:

” Plans should vary in size, dependent on the size and scope of your projects. A risk management plan for the Mercedes-Benz Stadium will be much larger than a plan for a Southern Living Idea House.

Why is that some project managers have over or undersized risk management plans? First, individuals may be looking for shortcuts. They simply copy someone else’s plan and check a box. Second, others want to impress others with their knowledge by writing plans longer than The Grapes of Wrath.

Want to really make a good impression? Work with your team to develop a risk management plan that is fitting to your project, aids in decision making, and adds value. Document the plan but keep it practical and to-the-point.

So, how can we right-size our plans?  The answer in the articles!!!”

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References:

a. How to Right-Size Your Risk Management Plan by Harry Hall

b. The Risk Management Plan by Harry Hall

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