Project Management Risks

To initiate a risk process, you should first allow any member of the project team to raise a project-related risk. The person raising the risk is called the ‘Risk Originator’. The Risk Originator identifies a risk applicable to a particular aspect of the project (e.g. scope, deliverables, timescales or resources) and completes a Risk Form describing the nature of the risk identified using Project Management Templates .

Register Risk

The Project Manager reviews all risks raised and determines whether or not each risk identified is applicable to the Project Plan. This decision will be primarily based upon whether or not the risk impacts on the:

- Deliverable specified in the Deliverables Register
- Quality targets specified in the Quality Plan
- Timeframes specified in the Project Plan
- Resource targets specified in the Resource Plan
- Financial targets specified in the Financial Plan.