Project 2-Project Risk and Risk Register

Project 2-Project Risk and Risk Register-attachment from excelTo properly identify and plan for project risk, the project team, often led by a risk management expert, will develop a risk register. While formats vary, risk registers at a minimum will list the types of risk, probabilities, potential impacts on the project, and projected responses to such risk. The risk register then becomes a part of the overall project management plan. Some plans may even use color coding to indicate the level of severity of specific risks.