A Risk Management Plan (RMP) is a comprehensive document that outlines an organization's approach to identifying, assessing, managing, and monitoring risks. It serves as a critical component of an organization's overall strategic and operational framework. The purpose of a Risk Management Plan is multifaceted, aiming to ensure that the organization can anticipate, understand, and prepare for risks that could impact its operations, objectives, and stakeholders. Use this template within your organization in preparation to face uncertainties with confidence. It helps to minimize potential losses and also capitalize on opportunities, thereby supporting sustainable growth and stability.