Charting the Progress of a Risk Management Plan
Managers often use charts to show the progress of a risk management plan. The risk management plan should include a risk register, where the following items are documented: (1) identified risks, (2) when risks are assessed/evaluated, (3) the chosen risk responses/mitigating actions, and (4) the reassessed or residual risk. Charts provide a graphic representation of key information. As the saying goes, “a picture is worth a thousand words.” Similarly, a chart is worth a thousand words. The following sections cover some of the common charts managers use to track a plan’s progress.
Milestone Plan Chart
A milestone plan chart is a simple graphic representation of major milestones, showing them ...
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