The initial Risk Management Plan draft will be completed and presented to the Project Owner for discussion and the Project Board for approval.
The status of the actions for the risks selected to be mitigated will be reviewed by the Project Team on a fortnightly basis and discussed between the Project Director and Project Owner on a monthly basis.
The tracking of risk mitigation actions will be done via the project work plan during the status reporting at the Project Team meetings.
The agreed Risk Plan will be distributed, in accordance with the Communication Plan, when the planning phase is complete and monthly thereafter.