RISK BREAKDOWN STRUCTURE (RBS) TEMPLATE

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RISK BREAKDOWN STRUCTURE (RBS) TEMPLATEThis template enables you to create a hierarchical list of all the risks that affect your project. The purpose of the Risk Breakdown Structure (RBS)is to make sure that all project risks are decomposed into manageable chunks. Each risk is broken down into chunks that a practical to action andallow an appropriate mitigation strategy to be adopted.It allows you to assign a unique ID to each risk and its associated category as well as indicate the type of strategy that will be adopted to mitigateits impact on the project. This document will be used in conjunction with other key project documents throughout the lifespan of the project such asrisk register, assumptions log, issue log, risk analysis, change request register, risk log and its own management plan.For many projects there are two main categories, external and internal or project related risks that can then be broken down into greater detail asit relates to the purpose of the project. In some instances it is more appropriate to use four categories for example project management, technical,organizational and external.There are various ways the RBS can be represented for example as a table, flow or hierarchical chart (as shown in appendix A)NOTE: This process follows a similar one to that of the Work Breakdown Structure (WBS).ProjectWorking Title:Project Sponsor:Tel:Project Description:Email:Version:Project Manager:Tel:Date:Email:RISK BREAKDOWN STRUCTURE (RBS) APPROVALPrinted Name & Job TitleProject RoleCIRCULATED TO:-- www.free-management-ebooks.com. All Rights ReservedSignatureDate Approved

NEGATIVE RISK BREAKDOWN STRUCTURE (RBS)IDCategoryDescription www.free-management-ebooks.com. All Rights ReservedMITIGATION ansfer

POSITIVE RISK /(OPPORTUNITY) BREAKDOWN STRUCTURE (RBS)IDCategoryDescription www.free-management-ebooks.com. All Rights ReservedMITIGATION OPTIONSAcceptRiskExploitRiskShareRiskEnhanceRisk

APPENDIX A – RBS HIERARCHICAL CHART www.free-management-ebooks.com. All Rights Reserved

APPENDIX B – VERSION HISTORYThis appendix records the version history of this plan. For each new and approved version the reasoning behind its creation are described belowVersionNumberName of Implementation AuthorDateRevisedApproved byDateApprovedReasoning behind new version1.0APPENDIX C – GLOSSARY OF PROJECT TERMSEach project uses standard acronyms and develops their own for the ease of communication. It is important to record them in this plan to ensureclarity of description and terminology is consistent in every communication.Acronym / TermPMOStandard or Project DefinitionProject Management Office www.free-management-ebooks.com. All Rights Reserved

APPENDIX D – DOCUMENTATION REFERENCESAny professionally managed project has extensive documentation the purpose of this appendix is to record which documents (plus the versionused, if applicable) have been used in the production of and conjunction with of the communications management plan.ISBN / Reference / VersionDocumentRisk Management PlanAssumption LogRisk AnalysisRisk LogImpact Analysis www.free-management-ebooks.com. All Rights ReservedAuthor

organizational and external. There are various ways the RBS can be represented for example as a table, flow or hierarchical chart (as shown in appendix A) NOTE: This process follows a similar one to that of the Work Breakdown Structure (WBS). . Microsoft

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Work Breakdown Structure (Rev E, June 2003) WORK BREAKDOWN STRUCTURE A project work breakdown structure (WBS) is a deliverable or product -oriented grouping of project work elements shown in graph ical display to organize and subdivide the total work scope of a project. The WBS is a particularly important project tool.

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breakdown structure, the statement of work, and the master and detailed schedules provides specific insights into the relationship between cost, schedule, and performance. This relationship allows all items to be tracked to the same work breakdown structure element. Work breakdown structures commonly used in

MS Excel) planning, scheduling. B. Resource scheduling in construction project using MSP A case study of a project in Pune, Maharashtra, India was . The detailed work breakdown structure of a project generates the various activities in details. Figure 3. Work Breakdown Structure for G 4 Residential building structure (Level 3& 4) for .

The work breakdown structure has a number of benefits in addition to defining and organizing the project work. A project budget can be allocated to the top levels of the work breakdown structure, and department budgets can be quickly calculated based on the each project's work breakdown structure. By allocating time and cost estimates to specific

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