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RISK MITIGATION PLAN Education Abroad Program Name:Graduate ResearchProgram Dates: 9/1/176/30/18 Today's Date: Form Prepared by (name and title): List the top three major risks, threats and dangers
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A risk mitigation plan is a plan that outlines strategies and actions to reduce or eliminate potential risks in a project, organization, or process.
Certain industries or organizations may be required by regulatory bodies or stakeholders to file a risk mitigation plan.
To fill out a risk mitigation plan, identify potential risks, assess their likelihood and impact, develop mitigation strategies, assign responsibilities, and establish a monitoring and review process.
The purpose of a risk mitigation plan is to proactively address and manage potential risks to prevent or minimize negative consequences.
A risk mitigation plan typically includes a risk register, risk assessment, mitigation strategies, action plans, responsible parties, monitoring and review procedures, and a communication plan.
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