"Risk is the potential of the hazard to cause harm. The more likelihood of harm occurring or the higher the severity of consequences the higher the risk is" - NHS, Policy & Guidance for the Use of Risk Registers
Risks are everywhere, in everything you do. As a project manager you need a way of identifying and keeping track of the risks that may, or may not, derail your project.
Understanding the risks you face and knowing how to minimize their potential impact on your project, is essential for success.
That's why you need to create a risk register. A risk register is the perfect tool for identifying, documenting, and reviewing risks associated with your project.
This Risk Register Process Checklist enables you to identify risks, include information about each risk (such as the nature of that risk, level of risk, who owns it and what are the mitigation measures in place to respond to it), and also review these risks throughout the course of your project.
It gives you a systematic process to follow to ensure you’re as thorough as possible. It gives you a place to record all your risk information, and it allows you to follow those risks throughout the project and check if the actions you’ve put in place to remedy the risk are working.
It’s a risk register process that allows you to:
- Brainstorm and identify all possible risks
- Create tasks for each risk so you can document and capture key information
- Assign responsibility for each risk
- Review each risk at regular intervals
- Add comments and update each risk
Process Street is super-powered checklists.
It's easy to use business process management (BPM) software that allows you to create, document, and follow processes that will create efficiencies and increase productivity within your business.
Create a checklist template and run individual checklists for each member of your team. Check tasks off as you work through them, set deadlines, add approvals, assign tasks, and track each team member's progress.