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11 - PROJECT RISK MANAGEMENT






                      11.5 Plan risk responses

                         Plan Risk Responses is the process of developing options and actions to enhance opportunities and to reduce
                      threats to project objectives. The key benefit of this process is that it addresses the risks by their priority, inserting
                      resources and activities into the budget, schedule and project management plan as needed. The inputs, tools and
                      techniques, and outputs of this process are depicted in Figure 11-18. Figure 11-19 depicts the data flow diagram
                      of the process.


                                        Inputs            Tools & Techniques           Outputs
                                 .1  Risk management plan  .1  Strategies for negative    .1  Project management plan
                                 .2  Risk register         risks or threats       updates
                                                          .2  Strategies for positive    .2  Project documents
                                                           risks or opportunities   updates
                                                          .3  Contingent response
                                                            strategies
                                                          .4  Expert judgment

                                    Figure 11-18. Plan risk responses: Inputs, tools & techniques, and outputs






                                                  Project Risk Management

                                                11.1                 11.2
                                              Plan Risk              Identify
                                             Management              Risks                 Project
                                                                                          Documents
                                               • Risk management   • Risk register
                                                 plan
                                                                    • Project documents
                                                                      updates
                                                          11.5
                                                         Plan Risk                            4.2
                                                        Responses                         Develop Project
                                                                    • Project management   Management
                                                                      plan updates            Plan





                                             Figure 11-19. Plan risk responses data Flow diagram


















             342      ©2013 Project Management Institute. A Guide to the Project Management Body of Knowledge (PMBOK  Guide) – Fifth Edition
                                                                                          ®


                                           Licensed To: Jorge Diego Fuentes Sanchez PMI MemberID: 2399412
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