Practical Project Risk Management, Third Edition, 3rd Edition

9

Just Do It (Implementation)

The ATOM risk process for a typical medium-sized project has so far set the scope and objectives (Initiation); then, using the First Risk Assessment, exposed and recorded uncertainties that could affect achievement of those objectives (Identification), prioritized and categorized them (Assessment), and developed appropriate responses and actions to deal with them (Response Planning). This is all-important and valuable, but it is not enough. In order for the risk exposure of the project to be changed, the agreed-upon actions must be implemented. As a result, the first pass through the ATOM process cannot be considered complete until the Implementation step is under way. Of course, actions to address risks will be ...