Capturing Upside Risk

Chapter 10

Telling Others

We’ve finally reached the point in the risk management process at which risk has been managed! After identifying and prioritising individual threats and opportunities, and evaluating overall project risk exposure, we’ve developed and implemented appropriate risk responses, resulting in a change to the level of risk faced by the project. Although this is an important outcome in itself, there are other people who need to know what has been achieved through our risk management efforts. We need to tell others about what risks we’ve found, how risky the overall project is, what actions we’ve taken, and what level of risk remains.

Purpose and Principles of risk Communication and Reporting

There are many different individuals ...