Page 33 - IT Project Management Framework - Planning
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Risk Register – Major Elements
• Identify project risks by following the risk management
approach described under the Risk Management Plan.
Elements of Risk Register
• Information of each identified risk is stored in Risk Register. Affected Work Packages
• The Risk Register is a log of all identified risks. Probability [1 of 10]
Impact [1 of 10]
• It shows the probability and impact of the risks to the
project, mitigation strategy, and when the risk is estimated Risk Score [Probability x Impact]
to occur.
Risk Management Approach / Migration Actions
• This Risk Register is created in the Planning phase of the Early Warning Signs / Trigger
project, and be updated in the Execution and Control phase
Risk Owner
with the risks identified during the execution of project
activities. Date of Last Update
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