The risk management plan is a component of the project management plan that describes how

risk management activities will be structured and performed. It$$s the controlling document for

managing and controlling all project risks. This plan documents the processes, tools, and

procedures that will be used to manage and control those events that could negatively impact the

building of school in poor rural area in Durban. The risk management plan for building a new

school in a poor residential area in Durban will have the Risk strategy which will include risk

identification, Roles and responsibilities, Risk Assessment, Risk Mitigation, Risk Contingency

Planning, Tracking and Reporting