Tools for Identifying, Managing Project Risks

John Storts
Slide Show

How to Effectively Manage Project Risks

Manage project risks in five steps.

Our contributors have uploaded a variety of templates and other resources that you can use to assess, manage and mitigate risks to your business activities and communications.


If you are looking to create a formalized IT risk management plan or improve your existing strategies, these resources can make the process easier:

  • Project Risk Plan - Use this template as a starting point for creating a comprehensive risk plan. A solid risk plan outlines the foreseeable project risks and provides a set of actions to be taken to both prevent the risk from occurring and reduce the impact of the risk should it occur.
  • Project Risk Form - This customizable form allows any member of a project team to raise a new project risk with management. Risk Forms may be used to formally log any type of risk; however, the most frequent types of risks identified that are related to the project include: scope, deliverables, timescale and resources.
  • Project Risk Process Form - Use this form template to formally identify, quantify and manage risks during the execution of the project.
  • Effective Problem Management - Read this research paper provided by Computer Measurement Group to learn more about the problem management process used by Siemens Healthcare's Enterprise Hosting Services to investigate, classify, communicate and remediate the causes of service outages.


These resources can assist you in making risk management a standard component in performance management and strategic planning.


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