A document that defines how project or program risks will be identified, assessed, prioritized, monitored, and managed throughout the contract or project life cycle. A Risk Management Plan (RMP) typically identifies risks affecting cost, schedule, technical performance, security, or mission success; evaluates each risk’s likelihood and potential impact; assigns ownership; and documents mitigation, monitoring, and contingency actions. As a living document, the RMP is updated as new risks emerge or existing risks change, providing a structured approach to reducing uncertainty and supporting informed management decisions.
Risk Management Plan (RMP)
A living document defining how project risks will be identified, assessed, owned, mitigated, and monitored throughout the contract.
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This session covers how to run proposal review gates that consistently strengthen drafts through structured feedback and resolution tracking.
This session covers how to run proposal review gates that consistently strengthen drafts through structured feedback and resolution tracking.
Stage Gates, now live in VisibleThread's proposal management software, put a checkpoint at every stage boundary on your Tracked Opportunities and Proposals boards. Before a card can move forward, the person moving it has to answer the questions your team defined for that transition. The answers save against the card, permanently.
Related Glossary Terms
The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
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