Bausch and Lomb
Explain the components and the corresponding responsibilities that comprise the Risk Management Plan.
Describe the processes included in a risk management plan
What is being done to reduce risk in the future proactively?
What is being done to communicate risks?
Evaluate the organizational and departmental tolerance for risk.
Discuss the different risk tolerances within the organization.)
Identify risk mitigation approaches in support of the project.
How will you implement the mitigation approaches?
Have you identified specific triggers to initiate mitigation?
Describe your strategy for corrective risk management.
Explain whether you will use auditing, strategic planning, or another type.
Describe the corrective action process and responsibilities.
Will you be performing a risk postmortem? If not, why not?)
Is your documentation available to others?
Is it reviewed by the team or others?
Identify and describe how results data will be collected and reviewed to determine corrective actions.
Did your postmortem results lead to any concrete changes? Explain.
Evaluate the organization’s view of risk management and approach resulting from project outcomes.
Did this project change the organization’s approach and management of risk?
Describe the impact of postmortem results on the organization.
Recommend corrective plan procedures to effectively manage risk.
What recommendations would you make for future risk management projects?
What resources did you use to support your assertions?
