Risk Management ◾ 133
time management, nance and accounting systems, strategic
planning processes, and the PMO.
Risk Control
All processes are documented and utilized. The risk control sys-
tem is integrated with the organization’s other control systems,
monitoring programs, and cost and time management programs.
Risk Documentation
The risk information system is integrated with other project
document systems. This allows project status reports and
dashboards to reect critical information about timelines,
budgets, conict issues, and risks.
Level 5: Optimizing Process
Improvement processes are utilized to ensure projects are
measured and managed continuously against value-based per-
formance metrics. Lessons learned are regularly examined and
used ...