Reports risk related issues to the PM and Risk Manager Retires mitigated risks Identifies potential risks and briefs at the PSIC Biweekly Status Meeting and Monthly RMB Risk Manager/NG Attends the PSIC Biweekly Status Meeting/RMB to monitor progress on risk briefings Staff and risk validation, and captures meeting minutes/action items and records of decisions Facilitates the RMB Maintains the PSIC Risk Management Plan (RMP) and Risk Management Process Reviews risks for approval Ensures the process for risks to be identified, assessed, handled, reported, and is properly implemented Communicates urgent risks to the Project Manager for immediate evaluation Acts as the single point of contact for all risk management issues Presents a risk summary to the PM and SICWG Core Provides risk management orientation Identifies potential risks and briefs at the PSIC Biweekly Status Meeting and Monthly RMB DoIT Attends the PSIC Biweekly Status Meeting/RMB to monitor progress on risk briefings and risk validation (Quorum) Provides recommendations to PM regarding all decision made relating to risks Provides resources for implementation of risk mitigation plans Coordinates with PM and SICWG Core for risks associated with external groups Provides guidance to the RMB on risk management activities Evaluates potential consequences of urgent risks Identifies potential risks and briefs at the PSIC Biweekly Status Meeting and Monthly RMB Risk Owner Monitors and re-evaluates risks periodically Implements risk mitigation plans Implements the contingency plan, if required Provides risk status to the PSIC Biweekly Status Meeting/RMB Presents risks to PSIC Biweekly Status/RMB Identifies potential risks and briefs at the PSIC Biweekly Status Meeting and Monthly RMB Venders Identifies potential risks to their reporting entity who will brief at the PSIC Biweekly Status/RMB Provides additional information on risks, when required Metrics and Risk Trending The purpose of metrics is to monitor and control the risk management process, and to provide visibility into project performance and product quality. The following metrics for cost, technical, schedule and programmatic risks are generated by performing this process:
Reports risk related issues to the PM and Risk Manager Retires mitigated risks Identifies potential risks and briefs at the PSIC Biweekly Status Meeting and Monthly RMB Risk Manager/NG Staff Attends the PSIC Biweekly Status Meeting/RMB to monitor progress on risk briefings and risk validation, and captures meeting minutes/action items and records of decisions Facilitates the RMB Maintains the PSIC Risk Management Plan (RMP) and Risk Management Process Reviews risks for approval Ensures the process for risks to be identified, assessed, handled, reported, and is properly implemented Communicates urgent risks to the Project Manager for immediate evaluation Acts as the single point of contact for all risk management issues Presents a risk summary to the PM and SICWG Core Provides risk management orientation Identifies potential risks and briefs at the PSIC Biweekly Status Meeting and Monthly RMB DoIT Attends the PSIC Biweekly Status Meeting/RMB to monitor progress on risk briefings and risk validation (Quorum) Provides recommendations to PM regarding all decision made relating to risks Provides resources for implementation of risk mitigation plans Coordinates with PM and SICWG Core for risks associated with external groups Provides guidance to the RMB on risk management activities Evaluates potential consequences of urgent risks Identifies potential risks and briefs at the PSIC Biweekly Status Meeting and Monthly RMB Risk Owner Monitors and re-evaluates risks periodically Implements risk mitigation plans Implements the contingency plan, if required Provides risk status to the PSIC Biweekly Status Meeting/RMB Presents risks to PSIC Biweekly Status/RMB Identifies potential risks and briefs at the PSIC Biweekly Status Meeting and Monthly RMB Venders Identifies potential risks to their reporting entity who will brief at the PSIC Biweekly Status/RMB Provides additional information on risks, when required Metrics and Risk Trending The purpose of metrics is to monitor and control the risk management process, and to provide visibility into project performance and product quality. The following metrics for cost, technical, schedule and programmatic risks are generated by performing this process: