Risk Management, 5th Edition

9

Plan Evaluation

This technique highlights and isolates risk disparities in planning. It evaluates project plans for contradictions and voids. Traditional, formal plans used to guide a project include, but are not limited to, the following:

• Project

• Cost management

• Schedule management

• Quality management

• Communication management

• Human resource management

• Contract management

• Stakeholder management

• Test management

• Training

Other documents are also essential to the success of the project and to such evaluations:

• Work breakdown structure (WBS)

• Project specifications

• Statement of work (SOW)

• Contracts

• Other baseline documents

Although plans outline project implementation approaches, other documents represent critical communication with stakeholders ...