Risk Management Plan Templates
Visually Assess and Manage Risks
Identify, analyze, and manage threats to your business collaboratively.
- Multiple templates to visualize steps in response to each anticipated risk
- Real-time collaboration to work with stakeholders for better decision-making
- Built-in tools to easily share and present your plans and strategies
- Multiple templates to visualize steps in response to each anticipated risk
- Real-time collaboration to work with stakeholders for better decision-making
- Built-in tools to easily share and present your plans and strategies
Identify and Understand Risks
Professional and customizable templates to identify and analyze the risks involved in each process of management.
Simple to use drag and drop tools to arrange and allocate required steps and tasks.
Infinite canvas that allows you to onboard multiple diagrams connecting the processes and tasks in a single location.
Virtual whiteboard with built-in diagramming to customize your analyzing experience.
Powerful styling options and text formatting capabilities to highlight important points and add context to each task to make informed decisions.
Customizable styling options to represent risk according to the likelihood of them taking place.
Act on Your Decisions
Use frames inside the infinite canvas to generate page-like layouts to organize your findings and present to the management.
Data linked side panel to create actions items, assign tasks, and record next steps.
Visually plan, prioritize, execute, and analyze your team’s tasks from start to finish.
Contextual comments to gather feedback and keep conversations with stakeholders and teams in one place throughout the decision making process.
Understand Risks Together
In-app video and audio calls to work closely and consult with colleagues in real-time.
Real-time cursors for any number of participants. Collaborate with team members on a shared canvas and decide on the most optimal risk management process.
Comment with context, have discussions and follow-ups on the same canvas. Async!
What Is a Risk Management Plan?
Risk management is a leadership approach used to identify, assess and mitigate risks that could threaten the success of business decisions, projects, goals, etc.
How to Create a Risk Management Plan?
- Identify the risks surrounding business activities. For this, you can use process maps, fishbone diagrams, decision trees or a SWOT analysis.
- Determine the consequences or the impact of each identified risk. This will help you understand the nature of the risk and how it will affect your objectives.
- Use a risk probability and impact matrix to evaluate the relative impact of a risk and the probability of its occurrence.
- Based on the magnitude of consequence and probability, rank the risks. Make use of a Pareto chart to do the prioritization.
- Select the top ranking risks and set out plans to minimize the impact or eliminate the threat.
- As you apply the planned solutions to mitigate the risks, monitor and review its progress continuously.
- Using a futures wheel diagram, identify the direct or indirect results of the future decisions you make.
- Invite your team to edit the diagrams with Creately real-time collaboration and embed them in your intranet or site so everyone can access and read them.