A risk plan, register, and report all involve managing risks, but they have different purposes and scopes.
A risk plan focuses on the overall approach and strategy for addressing risks. It involves evaluating risks, determining how to store and review them, assigning ownership, and planning actions to mitigate risks.
A risk register is a comprehensive list of all identified risks, ordered based on their impact and probability. It provides clarity and serves as a reference for discussions and further analysis.
A risk report, on the other hand, summarizes the current condition of risks and highlights any significant issues. It simplifies the information for stakeholders and may be used strategically to request assistance or ensure preparedness for upcoming risks.
Overall, while a risk plan sets the approach, a risk register lists all risks, and a risk report provides a concise summary of the current risk situation.
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