Risk Management advices

Risk Management advices

Use risk register and update it frequently Integrate (coordinate) risk management with other project activities
Produce and communicate risks through reports
Analyze risk performance against project metrics
You need to look at the big picture and link different components together.
Change request is a useful tool to link changes between the originating document and affected document.
Updated Risk register is the best report.
Through continues risk reassessment.
- Remember that risk management doesn’t stop through the life of the project.
- New risks emerge and will needs to be identified, assessed and controlled.
Review the tool of technical performance measurement in project control process.
Update your risk plan.
Use advanced techniques in risk management.
- Like simulation and modeling.
- Also scenario planning and risk connectivity analysis.
- Such advance techniques require specialized softwares.
- Statistics is also important here.
When new information becomes available you need to update your plans.
You can get this easily by being alert and recording positives and negatives you encountered in the project.

Created : 23/05/2022