10 Questions
What should be considered when aggregating risk according to the guidelines?
Aggregating risk in multiple dimensions
Why should entities only aggregate like data?
To ensure consistency and meaningful aggregation
What is the suggested approach for focusing on risk?
Avoiding obscuring actionable details
Why is it important to aggregate risk at the enterprise level?
To consider in combination with all other risks the enterprise needs to manage
What should be visible to those responsible for managing risks?
Root cause of risk
What is the purpose of a risk response plan?
To outline the requirements for implementing the approved risk response strategy
Who should run a risk response plan as a project?
The project manager
What is used to determine the critical path of a project?
The end date of the project
What does a risk response plan need to consider regarding project delays?
Feasibility of project dates
What is outlined in a risk response plan?
Detailed action and tasks for implementation
Learn about the guidelines for aggregating risk, including considerations for utilizing consistent metrics, avoiding aggregation of different data types, and focusing on real risk over easily measurable but less relevant risks.
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