Documenting Risks
Over the scope of a project, there are going to be instances where as PM you will need to make critical decisions concerning different aspects of the project. Some of these decisions might be easy ones, but there will also be decisions which could significantly impact the scope, duration or implementation of the project. As a PM it is important for you to documenting these Risks and these decisions. Its important to put in place a Risk Register which adequately tracks the occurrence of these risks and jots down the underlying reasons as to why the decision was made.
Question to ponder about:
-What are the recent risks that you have come across in your projects?
-Do you have a process to document these risks and also to review these on a periodic basis?
-How important is the documentation of risks to your project planning process?
Cheers,
