I want to plan a project by managing
I want to plan a project by managing risks to its success Risk Register These materials are made available through a Creative Commons Attribution/Non-Commercial license. Users are free to: Share – copy and redistribute the material in medium or format Adapt – remix transform, and build upon the material The license is non-commercial and users are not to use the material for commercial purposes.
What is it and why should I use it? • This tool is a living document that helps you manage risks that could jeopardize the delivery of your project.
Activity: • What are the main risks in your projects?
Examples of risks • • • Political action or interference Natural disasters Misallocation of resources Currency fluctuations Changing donor mandates or policies Social unrest Low staff retention Lack of necessary skills & expertise Low capacities/ motivations of participants and/or community partners
Risk Response Strategies Avoidance Do not do (or do in a different way) Transference Shifting (or sharing) the risk for some aspect of the project Mitigation Acting to reduce the probability and/or impact Acceptance Deciding to live with the risk
Activity: • Think of examples of the risk response strategies from your projects.
Example of a Risk Register Risk Description Probability Impact Total Owner Project delayed if recruitments not completed on time 2 3 2 X 3=6 Project Manager Extra resources – more resources needed if latrines are not accepted and used Major delay and possible cancellation if conflict occurs around elections 1 2 1 X 2=2 2 X 2=4 Actions Add extra time to schedule Coordinate with HR staff Project Manager Monitor closely Plan awareness raising work Develop contingency plan and budget Director Monitor together with other organisations Inform funders and other stakeholders if situation appears to be getting worse
Complete a risk register for one of your projects. Risk Description Probability Impact Total Owner Actions
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