Approach Flashcards
Which a document in the central set of MoR approach documents?
Risk Management Strategy
What is the the purpose of Risk Management Policy?
To indicate WHY and HOW risk management will be implemented
What is the purpose of the Risk Management Process Guide?
To describe how the process steps are carried out across the organisation
What is the purpose of the Risk Management Strategy?
Documents specific Risk Management activities for organisational activity.
What are further Supporting documents?
Records
Plans
Reports
What is the Risk Register?
Documents all risk which have been identified as having an impact of their objectives.
What is the purpose of the the Issue Register?
Capture and maintain information on identified issues which are happening now and require action
What is the purpose of the Risk Improvement Plan?
Assist with embedding risk management into the culture of the organisation and document planned improvements
What should the Risk Improvement Plan cover?
Date Scope Mechanisms (to change understanding) Existing Behaviours Target date (for improvements) Target behaviours (what we want to happens)
What is the purpose of the Risk Communications plan?
To describe how we are going to engage with all of the relevant stakeholders
What should a risk communication plan cover?
Information to be distributed
Stakeholder Information
Mechanisms of communicating
Schedule of communication
What is the purpose of the Risk Response Plan
To capture plan and track in more detail, the responses to a SPECIFIC risk, where the risk register does not allow
What is the outdoor of the Risk Progress Report?
To convey information about the progress and performance of Risk Management
Name the components of the Risk Register
Description Category Probability Impact Proximity Risk status Risk response actions
