Module 1 - Module Based, Bonus Content Test 2-Module_1_Resource_Tools_Infographic_Risk

Module_1_Resource_Tools_Infographic_Risk_Register

Pdf Summary

The document introduces two separate risk registers for project work:

- <strong>Project (External) Risk Register</strong>: Used jointly with the client to identify, analyze, respond to, and manage project risks that affect client decisions and project outcomes.
- <strong>Internal Risk Register</strong>: Used internally with the client and project teams to manage execution risks and guide project-team decisions.

It emphasizes that the two registers should <strong>not be mixed together</strong> and that entries should be <strong>objective and factual</strong>.

<strong>Responsibility</strong>
- During the <strong>pursuit and proposal phase</strong>, the <strong>Proposal Champion</strong> is responsible for completing the registers, and the <strong>Client Service Manager</strong> is accountable.
- During the <strong>project execution phase</strong>, the <strong>Project Team</strong> is responsible, and the <strong>Project Manager</strong> is accountable.

<strong>Purpose</strong>
1. Improve identification, analysis, response, and management of risks with the client.
2. Manage internal execution risks.
3. Improve project performance and client satisfaction.

<strong>When used</strong>
- For <strong>selected pursuits and projects</strong>
- Started during <strong>proposal development</strong> and continued through <strong>project execution</strong>

The document also points to <strong>Risk Committee Processes</strong> for more information.

Keywords

project risk register

internal risk register

risk management

proposal phase

project execution

proposal champion

project manager

client service manager

execution risks

risk committee processes