Management of risk should be systematic and about proactive identification, assessment and control of risks that may affect the success of the project’s objectives.

A risk management strategy is to describe how risk management will be embedded in the project management activities.

Risk Management includes:
• Risk management procedure (identify, assess, plan, implement, communicate)
• Tools and Techniques
• Records to be kept/ Risk reporting
• Timing of risk management activities
• Roles and responsibilities for the procedure
• Risk rating
• Proximity
• Risk Categories
• Risk response categories
• Risk Tolerance
• Risk Budget

ATB Project Solutions can provide advice on implementing a project risk management strategy or our services could include carrying out:
• Risk Identification
• Risk Evaluation & Assessment
• Risk Mitigation & Response Control
• Risk Management & Control