Risk Management Process Playbook

This detailed playbook provides project managers with a structured framework for risk management within projects.
It includes:
– Step-by-Step Process Flow: Outlines key subprocesses—Risk Identification, Risk Assessment, Risk Mitigation, and Risk Monitoring and Review. Each subprocess includes specific tasks, decision points, and error-handling procedures to ensure effective risk identification, evaluation, mitigation, and ongoing monitoring throughout the project lifecycle.
– RACI Framework: Clarifies roles and responsibilities within the risk management workflow, ensuring that project managers, risk analysts, and stakeholders are appropriately involved and accountable at each stage of the process.