Managing a project risk

Process map by Brian. 23 steps, 2 layers. Tags: project management, risk.

1. The team: Someone spots something that could go wrong
2. The risk register: Log it in the risk register
3. Project manager: Assess the probability and the impact
4. Project manager: How serious is it?
5. The risk owner: Respond now
6. Project manager: Monitor the risk
7. The risk register: Review the register regularly
8. The team: Did the risk happen?
9. The risk owner: Run the contingency plan
10. Sponsor: Escalate if the budget or the date is at risk
11. The risk register: Close it, or keep watching
12. The risk owner: Plan a response and a trigger
13. The risk register: Accept it and watch

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$Project Management $Risk All process maps