SAB7_H126_Contingency Types

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Mind Map on SAB7_H126_Contingency Types, created by gcabello50 on 30/08/2015.
gcabello50
Mind Map by gcabello50, updated more than 1 year ago
gcabello50
Created by gcabello50 almost 9 years ago
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Resource summary

SAB7_H126_Contingency Types
  1. Residual Risk
    1. These are the risks that reamin after Risk Response Planning
    2. Secondary Risk
      1. Risk response generates a new risk
      2. Contingency Plan
        1. Plans describing the specific actions that will be taken if the oportunity or threat occurs
        2. Fallback Plans
          1. Specific actions that will be taken if the contingency plan are not effective
          2. Risk Owners
            1. The Risk Owner take preapproved action determined in Project Planning
            2. Risk Triggers
              1. Events that trigger contingency response
              2. Contracts
                1. A Project Manager must be involved before a contract is signed
                2. Reserves (Contingency)
                  1. Having Reserves for time & cost is a required part of PM

                    Annotations:

                    • Contingency Reserves & Management Reserves
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