Risk Management Procedures

Related Topics:

• Add a Risk Line
  You can add a line for each risk that you associate with a job. Estimate the cost for each risk, and compare these costs to the approved risk fund for the job.
• Copy Risk Lines from Another Job
  When adding risk lines to a job, you also have the option to copy those from another job. Note that copying risk lines from another job deletes all existing risks already specified for the target job.
• Edit a Risk Line
  At any point in a job's life cycle, you can go in and edit any of the risks associated with the job.
• Close a Risk Line
  You can close a risk for any of various reasons: if its due date has passed, if it took place and was handled/addressed, if it is no longer relevant, and so on.
• Reopen a Risk Line
  If you change your mind about any risk lines you closed, you can reopen them.
• Delete an Open Risk Line
  Deleting a risk line is irreversible. If you are unsure about whether you should delete a line, you can close it instead.