Praxis Framework:An integrated guide to the management of projects, programmes and portfolios240
3.3.12 Manage risk
ObjectivesThe purpose of this competency is to:
●
ensure that levels of overall risk within a project, programme or portfolio are
compatible with organisational objectives
●
ensure that individual risks and responses are identied
●
minimise the impact of threats to objectives
●
optimise opportunities within the scope of work.
Performance
criteria
You must be able
to
P1 plan and initiate risk management
P2 identify risk events
P3 assess the probability and impact of risk
events
P4 plan responses to risk events
P5 implement response ...
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