Risk Response and Planning
JOB AID
It’s important to identify potential project and business risks. But the work doesn’t stop there.
For any risk that is likely to happen, or that would have a significant impact if it did, you should plan a proactive risk response. In addition, a contingency plan should be developed to specify how the team will react in the event that the risk becomes an active issue.
Need a quick review of the standard risk response strategies? Want some hints on when and how to use them? Our Risk Response and Planning Job Aid provides a great summary of key concepts related to risk assessment and management.
