ABSTRACT
There is no option but to accept these as part of life and prepare for them by setting emergency response and damage containment plans.
The culmination of the risk analysis process is the Risk Management Plan (RMP). The RMP must be incorporated into the execution plan and contain provisions for:
• Formal periodic risk reviews, by the key stakeholders, to determine if changes have occurred in probability of the foreseen unavoidable risks or if any others, previously unforeseen, are raising their ugly heads.
