From Method123 | Jul 29, 2009
This document, uploaded by Method123, provides a guide on the topics usually
included in a Risk Management Process. Although the Risk Management Process is
undertaken during the 'Execution' phase of the project (i.e. the phase within which the
deliverables are produced), project risks may be identified at any stage of the project
lifecycle. In theory, any risk identified during the life of the project will need to
be formally managed as part of the Risk Management Process. Without a formal Risk
Management Process in place the objective of delivering a solution within 'time, cost
and quality' may be compromised.
A Risk Management Process is a method by which risks to the project (e.g. to the
scope, deliverables, timescales or resources) are formally identified, quantified and
managed during the execution of the project. The process entails completing a number of
actions to reduce the likelihood of occurrence and the severity of impact of each
risk.
The attached Zip file includes:
- Intro Page.doc
- Cover Sheet and Terms.pdf
- Project Risk Process Form.doc