Monday, 28 September 2015
Risk assumptions vs. risk objectives
September 28, 2015
Q: Risk assumptions vs. risk objectives
Do you have any specific rules how to define textual risk properties, such as risk assumptions and risk objectives?
A: There are not specific rules how you define risk assumptions, objective, description, and other textual information in RiskyProject. However we recommend our clients to establish some rules in organization, what information correspond with these fields in risk form: (see picture)
For example, for objectives some organization define overall name of mitigation efforts, associated with the risk. In general mitigation plan associated with the risk has a multiple steps. Objective may be a general description, what needs to be achieved, by mitigating this risk. Assumptions can be, for example, conditions for the risk to occur.
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