April 2016
Intermediate to advanced
328 pages
7h 57m
English
Content preview from Practical Project Management for Building and Construction
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226 • Practical Project Management for Building and Construction
Sometimes there are also columns for
• Triggers, EWS (early warning system)
• Evaluation of probability, consequence, and risk exposure if risk
response is performed
• Cost of risk response
• Contingency plan
• Contingency reserves
The RMP provides a logical basis to explain how one has chosen to
act regarding uncertainty issues. It is used during the implementation
phase to ensure that what has been decided is done and that nothing
is forgotten.
It is important that stakeholders understand what the uncertainties are
and what the risk response means. RMP is used to communicate with
stakeholders. It helps to explain what has been taken into account and the
steps taken to mi ...
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