Risk Management Procedure
Prince2 recommends the following 5 steps when it comes to the Risk Management Procedure.
|Plan for the risk|
|Identify countermeasures and any resources we need to counter the risk|
|Assess, risk should always be monitored for early warnings and assessed for any impact of changes.|
|All risks should be controlled to make the plan happen.The final two of Prince2 recommendation are are Implement & Communicate|