INTRODUCTION
In this simple guide to project management I will use the analogy of the Project Management Office being like Air Traffic Control for projects and change. The Project Management Office [PMO] will want confidence that any significant project or change is clear about passengers and crew (participants), fuel (budget), destination (outcome) and route (plans). For each initiative we want to be able to give it a thumbs-up or guidance on what is required for permission to take-off or indeed a safe journey: on-time, on-budget, to-specification, low-risk and high-communication.
This simple guide is based on a blend of Waterfall approach (plan before action eg PRINCE2) and Agile (work it out as you do eg SCRUM)
ATC MANAGING RISKS AND ISSUES
Risk management responses can be a mix of five main actions transfer, tolerate, treat, terminate or take the opportunity. Transfer for some risks, the best response may be to transfer them. need to be set and should inform your decisions. Treat by far the greater number of risks will belong to this category.
| Risk ID | Risk Description | Probability | Impact | Score | Owner | Action Taken | Note |
| ID No001 | A short description | 1 | 3 | 3 | Initials | Tolerate | A short description |
| ID No002 | A short description | 2 | 3 | 6 | Initials | Transfer | A short description |
| ID No003 | A short description | 3 | 3 | 9 | Initials | Treat | A short description |
| ID No004 | A short description | 4 | 3 | 12 | Initials | Terminate | A short description |
| ID No005 | A short description | 5 | 3 | 15 | Initials | Take | A short description |
| ID No006 | A short description | 3 | 5 | 15 | Initials | Tolerate | A short description |
| ID No007 | A short description | 3 | 4 | 12 | Initials | Transfer | A short description |
| ID No008 | A short description | 3 | 3 | 9 | Initials | Treat | A short description |
| ID No009 | A short description | 3 | 2 | 6 | Initials | Terminate | A short description |
| ID No010 | A short description | 3 | 1 | 3 | Initials | Take | A short description |
| ID No011 | A short description | 3 | 1 | 3 | Initials | Tolerate | A short description |
ABOUT THE BLOG
This is a series of coaching blogs that eventually will become a book. By blogging each item I hope to share each element in easy to read bite size chunks, maybe invite some people to subscribe to see the next posting and hopefully encourage some comments, feedback and suggestions which will improve the content for the blog and eventually the book. All comments and feedback are therefore welcome.
