Plan Hammer

Risk Register Template – Creating a Risk Register with the Seven “C”s.

Posted by in Project management, risk management tool, risk register tool

As soon as you complete a risk management plan, the next step to completely mitigate risks is to make sure you have a risk register. A risk register is essentially a tool to help you reduce those risks. It is a small part of a much larger contingency plan. It also acts as a reference document for everyone involved in the project from stakeholders right down to every project manager. It not only identifies the risks, but it communicates what these risks are to everybody – along with the potential…read more

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Why You Should Use Risk Registers or a Risk Breakdown Structure on Your Project

Posted by in Risk Breakdown Structure, Risk Breakdown Structure Tool, risk management tool, risk register tool

Risk management is constantly evolving. Newer technology may have the ability to eliminate some risks, but they present us with new ones. Essentially, we will never be able to fully rid ourselves of risk on any given project. There will always be a risk of spending too much, poor decision making or poor outcomes. Every project carries its own set of risk – sometimes to the tune of millions of dollars. The Importance of a Risk Breakdown Structure The entire point of risk management is to mitigate risks. Since we…read more

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Risk Register Basics and High Level Tips For Any Type of Project

Posted by in Project management, project management software, project managment tool, project risk register, Risk Breakdown Structure, Risk Breakdown Structure Tool, risk register tool

A risk register is a project management tool that allows companies to assess, plan for and mitigate risks. As part of a larger contingency plan, a project risk register is a reference document that allows stakeholders, project managers and team members to be aware of potential risks involved in any given project. Communication is a core project management aspect. In fact, that’s one of the reasons why product managers manage projects – they are good communicators. As a whole, every aspect of a project must be communicated effectively to stakeholders,…read more

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