Risk assumptions vs. risk objectives

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Torelli
Posts: 10
Joined: Fri Aug 04, 2006 7:42 pm

Risk assumptions vs. risk objectives

Post by Torelli » Mon Sep 28, 2015 1:51 pm

Do you have any specific rules how to define textual risk properties, such as risk assumptions and risk objectives?

Intaver Support
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Joined: Wed Nov 09, 2005 9:55 am

Re: Risk assumptions vs. risk objectives

Post by Intaver Support » Mon Sep 28, 2015 2:38 pm

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:

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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.
Intaver Support Team
Intaver Institute Inc.
Home of Project Risk Management and Project Risk Analysis software RiskyProject
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