Operations & Training Risk Management Plan

Author: Project Manager Created: Mar 1

Status: Draft / for now Updated: Mar 31

Objective
The objective of this document is to help Office Green determine what the risks are in
order to reduce their likelihood and provide a means for better decision-making in order
to avoid future risk

Executive Summary
In normal circumstances, we would expect to launch the Plant Pals service within six
months.
This includes the launch of a new website and delivery of plants to customers. See
below for risks
to this project, and the mitigation plan to address them.

RISK TYPE ONE: Going over the project budget

Scenario Risk to project Mitigation Plan

(L/M/H)

Each delivery truck costs H Avoid: This risk can be avoided by sourcing the
$16,000 more than initially delivery trucks from a different supplier.
quoted

A product vendor charges L Transfer: find another supplier with a more

a higher rate than expected reasonable cost and flexible time.
 A product vendor loses a
product shipment
M Rework with a supplier for a lost shipment,
seek another shipment from another supplier
that provides a temporary application, or ship
another shipment to meet current production
needs.

RISK TYPE TWO: Falling behind the training schedule

Scenario Risk to Mitigation Plan

project
(L/M/H)

Your Training Manager gets M Transfer: find another manager with a more
sick and misses a week of flexible time.
training.

You cannot hire enough H Agree to monitor it with the existing employees,
employees in time to train as there is not enough time.
them before launch.

More than 50% of H reduce or control it.

employees quit after a
difficult training process,
leaving the company
short-staffed.

Appendix:
Probability chart:

Probability
Qualitative Quantitative (if measurable)

Less than <10% chance of risk

Low Very low chance of a risk occurring.
occurring.

Medium Medium chance of risk occurring. 10%-49% chance of risk occurring.

 High High chance of risk occurring. 50%-100% chance of risk occurring.

Impact chart:

Types of
Impact Low
Low financial impact,
costing the company
Financial $0-$14,000
Low impact to project
operations, causing
delays of a few days to a
Operational few weeks
Low impact to employee
attrition, with 5%+ of
employees quitting
People
Medium High
Medium financial impact, High financial impact,
costing the company costing the company
$15,000-$29,000 $30,000 or more
Medium impact to project
operations, High impact to project
with potential to delay operations,
project by a month or with potential to cause
more project failure
Medium impact to High impact to employee
employee attrition, with attrition, with 50%+
25%+ of employees employees quitting
quitting

Probability and Impact Matrix:

Inherent Risk
Impact
Low Medium High
High Medium High High
Probability Medium Low Medium High
Low Low Low Medium