Transcription of Project Risk Management Handbook: A Scalable …
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Project Risk Management Handbook: A Scalable …
Project Risk Management Handbook: A Scalable Approach Version 1 (June 2012)Risk MonitoringRisk ResponseQualitativeRisk AnalysisA LETTER FROM THE CHIEF ENGINEER Welcome to the new Caltrans Project Risk Management Handbook. We believe that this new Scalable approach to managing Project risks will ensure that Project risks are known, communicated, and accepted as they move through the phases of Project delivery. It is also an important element of the Department s Enterprise Risk Management . A survey was conducted as part of the development of this handbook to determine how Project risk Management was being used in the Department to manage Project risks . The survey responses revealed that although Project risk Management is considered to be valuable, many respondents are not familiar with the current Project Risk Management Handbook or have never participated in developing a risk register.
SCALABLE PROJECT RISK MANAGEMENT Version 1 (June 2012) Page 1 TABLE OF CONTENTS PREFACE 2 CHAPTER 1 INTRODUCTION 3 1‐1 Objectives and Benefits 3 1‐2 What is meant by “Risk” 4
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