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Managing and delegating risk on a major Programme

Business Issue - What Risk Management process to use on an Aircraft Trials Programme, consisting of 22 individual trials, to make it effective and decrease the workload on the Project Manager?

Solution - SmartRisk intervened with a new innovation in Risk Management. This unique approach involves aligning risk with the Work Breakdown Structure (WBS) to produce a Risk Breakdown Structure (RBS). A Generic Risk Mapping Template was produced and applied to each of the 22 Trial Work Packages.

Results - The Project Team effectively managed risk via delegation to individuals areas of responsibility. This allowed the Project Manager to manage risk from a top level, with the ability to quickly see where the problem areas are and where to concentrate his resources.

"Generic Risk Mapping Templates save time and money"

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Copyright 2005 SmartRisk Solutions Ltd. All rights reserved.
Last modified: 24/11/06