
18 ◾ Directing the ERP Implementation
− Help to decide best course of action.
− Provide early warning of many problems.
− Provide a basis for plan changes.
− Increase management and customer condence.
◾ What risk management cannot do
− Identify all risks.
− Minimize or eliminate all known risks.
− Guarantee the best course of action is always chosen.
− Provide early warning of all problems.
− Compensate for poor planning.
1.4.2 Sample Risk Management Log, Mitigation Plan,
Contingency Plan, and Risk Action Plan
Depending on the company, the type of risks, and the impact of the risks, risk management
may include sophisticated quadrant cubes th ...