Services

Risk Management Planning

Risk Management Planning is the first critical step in developing a successful and sustainable Risk Management Program. In the Planning Phase we will dedicate time to developing a sustainable Risk Management Plan, which will include but not limited to the following:

• Overall Risk Management Process
• Tailored Risk Assessment Criteria utilized to assist with prioritization
• Risk Management Plan

Risk Identification Sessions

Risks can be identified from all members of an organization. Establishing cross functional teams is crucial to ensure as many risks are vetted as possible.  Identification sessions are the first line of defense.

• Facilitation of Risk Identification Sessions
• Risk Register

Risk Analysis

Not all risks are critical nor require organizational resources, therefore properly analyzing risks using an established assessment criteria will assist in ensure adequate resources are available at the right time. Delivering and continuously updating a risk matrix will communicate prioritized risks and direct the organization.

• Prioritize Risks
• Deliver a Risk Matrix

Risk Response

How risks are responded to may impact schedule, cost baselines, or the quality of the product.  Utilizing a SMART (Specific, Measurable, Achievable, Relevant, Time Bound) approach to developing responses can help the team focus.

• Development of Mitigation Plans

Risk Monitoring

“What gets measured, gets managed” (Peter Drucker). Putting tools in place to monitor the life cycle of risks will help bring a risk to closure.