Activity 7Risk register
Overview
A risk register or risk log is a common tool used within project management. It is used to record and manage all risks, actions and responsibilities in relation to a category project or programme. It is applied within category management as a way of understanding on a daily basis the potential likelihood and impact of each risk and ergo how it might be controlled or mitigated.
There are numerous formats available. The document may be either qualitative or quantitative, dependent upon the ranking method used; for example a qualitative approach may assess risk as either ‘high’, ...
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