When developing a Management Plan, the following components are necessary:

Conflict Management Plan

Description of External Relationshiops
Describe external relationships between yourself and corporations, firms or other organizations.

Areas of Potential Conflicts of Interest
Describe the areas of potential conflict of interest. Identify the category within which the potential conflict(s) falls, and which provision(s) of the Regents Policy are applicable.

Conflict Management Plan
List your possible remedies and management strategies

Though you might not need to develop a management plan on your own, if you think about each of the above areas, you will be better prepared if you need to provide additional information to your Department Head or the Dean.