Risk Management

Answer 4

The Client was heavily focused around the risks and I wanted to incorporate as many of the risks into my cost report so I could advise the wider parties of the potential problems. The PM’s risk register was logged into a system called Riskhive which monies where allocated too, and I tried to tailor my risks in line with the PM’s. The PM’s risk register was not circulated to wider parties. My risk register was for everyone to see as it was not as commercially sensitive.

Question 5

What headings were included within your risk register?

Answer 5

1) Reference
2) Description of the risk
3) Action / Owner
4) Comments
5) Commercial impact
6) Delay impact
7) Possibility
8) Comments
9) Meeting minutes / notes / comments.