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3316508
SAB7_H126_Contingency Types
Description
Mind Map on SAB7_H126_Contingency Types, created by gcabello50 on 30/08/2015.
Mind Map by
gcabello50
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gcabello50
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Resource summary
SAB7_H126_Contingency Types
Residual Risk
These are the risks that reamin after Risk Response Planning
Secondary Risk
Risk response generates a new risk
Contingency Plan
Plans describing the specific actions that will be taken if the oportunity or threat occurs
Fallback Plans
Specific actions that will be taken if the contingency plan are not effective
Risk Owners
The Risk Owner take preapproved action determined in Project Planning
Risk Triggers
Events that trigger contingency response
Contracts
A Project Manager must be involved before a contract is signed
Reserves (Contingency)
Having Reserves for time & cost is a required part of PM
Annotations:
Contingency Reserves & Management Reserves
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