What should be included in risk management plan?

Elements of a Risk Management Plan

1. Identify Risks. Risk identification occurs at the beginning of the project, as well as throughout the project.
2. Map Out Impact Versus Likelihood.
3. Plan Your Risk Response.
4. Assign an Owner to the Risk.
5. Understand Your Triggers.
6. Make a Backup Plan.
7. Measure Your Risk Threshold.