The project’s Risk Register is used to initiate and drive the risk management process. The risk register should be used at the commencement of the project to identify (through consultation), analyse and establish controls to ensure risks are at an acceptable level prior to commencement.
The risk registry should be considered a “living document’ and should not be filled away post initial completion. Rather it should be examined at regular intervals (it’s recommended weekly, monthly or inline with the status reporting) and updated as more information is known.
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