The project got off to a strong start. All the necessary people and resources were assigned, and the PM created the Project Charter and facilitated a formal kick-off meeting. The PM loaded all the standard risk templates into the project SharePoint. All risks identified during the kick-off meeting were included in the Project Charter and put into the risk register as risk statements. Weekly status meetings were implemented, and the agenda included 15 minutes to discuss risk management. About three weeks into the project, a very high risk occurred and required significant time and effort to evaluate. This caused project deliverables to start falling behind. The project manager removed the risk review from the weekly meeting agenda to save time for the project members. A new project coordinator was assigned to manage the risk register specifically. The coordinator used the standard risk management plan to analyze the risks and put their name as responsible for each risk. Due to the project's high visibility, the coordinator decided to help by trying to mitigate all the risks.
If you were the new project coordinator, would you use the standard risk management plan to analyze risks for the project?