Planning risk management ensures that the right processes and activities will be in place during the entire project. Addtionally, it tailors the risk processes of the overall project to the respective project part of the Operational Level. This means all executing parts of the project should have their own adapted plan to deal with any risks.
Setting up the risk management in this way requires more effort than keeping all parts and level of the project in one structure. On the other hand, this approach supports a more detailed view and a designated management of risks in a part of the project.
All inputs of this plan follow the usual way of the designated project management framework. In addition to these ones, it is necessary to incorporate the parameter coming from the Tactical Level. This ensures that the part of the Operational Level follows the tailored rules which are designed for a project. Therefore, it is necessary to create all of these rules for the Tactical Level before starting any activities here. It might be helpful to reflect findings from this process back to the Tactical Level to enhance the rules and processes there.
Planning the risk management may create a loop between Operational and Tactical Level.