Creating a mitigation or risk response plan
1. On the Workflow bar, click the Risks
tab and then the Mitigation or Response view.
2. Enter the mitigation or response plan name. Summary entries will
help you to organize information but they are not considered a
mitigation plan.
3. Enter an Outcome and Result of
the mitigation efforts. The outcomes available are:
fixed and relative delay
fixed and relative cost (income) increase
restart task
no impact
Execute tasks
4. Enter the mitigation plan description. When you run a simulation,
the Chance coefficient will show the chance that
this mitigation plan will be executed.
Mitigation plans will be
executed only once for multiple risks with the same outcome
occurring for the same task. For example, if you have two risks:
Fire
Flood
Both have a mitigation plan Clean Up. Clean Up will only execute
once, even if both the Fire and Flood risks occur during the
particular task.
Mitigation or response plans are only available for tasks (not
resources).
See
also
Analyzing Risk Mitigation Efforts with Multiple Baselines
Comparing pre and post-mitigation baselines
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