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<title>\openup_basic\guidances\checklists\risk_list.xmi</title>
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Element Name: risk_list.xmi<br/><br/>
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<!-- START:presentationName,_7BZa0DIdEduDTv4Y1akVTA CRC: 3469038815 -->Risk List<!-- END:presentationName,_7BZa0DIdEduDTv4Y1akVTA -->
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<!-- START:briefDescription,_7BZa0DIdEduDTv4Y1akVTA CRC: 1662612355 -->This checklist provides guidance on assessing that all possible risks have been considered in a project.<!-- END:briefDescription,_7BZa0DIdEduDTv4Y1akVTA -->
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Attribute: name<br/><br/>
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<!-- START:name,_qO41ADIfEduDTv4Y1akVTA CRC: 2532753143 -->Have all potential risks to the project been identified<!-- END:name,_qO41ADIfEduDTv4Y1akVTA -->
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<!-- START:sectionDescription,_qO41ADIfEduDTv4Y1akVTA CRC: 2119273592 -->Have you identified anything that can be on the path to the project success? List all potential risks, giving a description
and type (direct or indirect). See <a class="elementLinkWithType" href="./../../../openup_basic/guidances/concepts/risk,_0bsLgMlgEdmt3adZL5Dmdw.html" guid="_0bsLgMlgEdmt3adZL5Dmdw">Concept: Risk</a>&nbsp;for more information.<!-- END:sectionDescription,_qO41ADIfEduDTv4Y1akVTA -->
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Attribute: name<br/><br/>
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<!-- START:name,_5RiSkDe2EduD7J48kKN20g CRC: 228826754 -->Are risks described without ambiguity<!-- END:name,_5RiSkDe2EduD7J48kKN20g -->
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<!-- START:sectionDescription,_5RiSkDe2EduD7J48kKN20g CRC: 3123451310 -->Make sure you capture and describe risks in a clear, concise and unambiguous way. Also follow these rules when describing
mitigation strategies for risks. This will avoid unnecessary work and - more importantly -&nbsp;that a risks are
effectively identified and managed.<!-- END:sectionDescription,_5RiSkDe2EduD7J48kKN20g -->
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Attribute: name<br/><br/>
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<!-- START:name,_2rpQoDIfEduDTv4Y1akVTA CRC: 1192245815 -->What is the probability of happening and impact of each risk<!-- END:name,_2rpQoDIfEduDTv4Y1akVTA -->
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<!-- START:sectionDescription,_2rpQoDIfEduDTv4Y1akVTA CRC: 500471375 -->Determine&nbsp;the probability of the risk happening and its impact on the project. This gives you the order of magnitude
of risks (probability x impact), allowing you to address the high magnitude risks early in the project. See <a class="elementLinkWithType" href="./../../../openup_basic/guidances/concepts/risk,_0bsLgMlgEdmt3adZL5Dmdw.html" guid="_0bsLgMlgEdmt3adZL5Dmdw">Concept: Risk</a>&nbsp;for more information.<!-- END:sectionDescription,_2rpQoDIfEduDTv4Y1akVTA -->
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Attribute: name<br/><br/>
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<!-- START:name,_x-gbwDe0EduD7J48kKN20g CRC: 2488283731 -->Have the risks been properly prioritized and sorted<!-- END:name,_x-gbwDe0EduD7J48kKN20g -->
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<!-- START:sectionDescription,_x-gbwDe0EduD7J48kKN20g CRC: 2345677198 -->The risk list is a prioritized list with the highest risk at the top and the rest in descending order.&nbsp; They should be
sorted according to their magnitude of risk.<!-- END:sectionDescription,_x-gbwDe0EduD7J48kKN20g -->
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Attribute: name<br/><br/>
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<!-- START:name,_hSFaYDe3EduD7J48kKN20g CRC: 2371225870 -->Are there interdependencies between risks<!-- END:name,_hSFaYDe3EduD7J48kKN20g -->
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<!-- START:sectionDescription,_hSFaYDe3EduD7J48kKN20g CRC: 190672623 --><p class="MsoNormal" style="MARGIN: 0in 0in 0pt">
<span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Make sure you establish interdependencies between risks as
appropriate. For example, the consequence of a risk happening may raise the probability of another risk happening, or
raise the impact that other risk brings to the project. If risks depend on each other, you may need to
mitigate&nbsp;all interdependent risks&nbsp;at the same time, or revisit the risk list to update the magnitude of
dependent risks.</span>
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Attribute: name<br/><br/>
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<!-- START:name,_LATHgDIeEduDTv4Y1akVTA CRC: 1550330541 -->Is there a mitigation strategy for each risk<!-- END:name,_LATHgDIeEduDTv4Y1akVTA -->
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<!-- START:sectionDescription,_LATHgDIeEduDTv4Y1akVTA CRC: 3345413596 --><p>
Propose a mitigation strategy for each identified risk. You can either transfer the risk, avoid it, accept it or
mitigate it (by minimizing the probability&nbsp;of happening or impact&nbsp;that the risk brings to the project). See
<a class="elementLinkWithType" href="./../../../openup_basic/guidances/concepts/risk_management,_VNxL4ACsEdu8m4dIntu6jA.html" guid="_VNxL4ACsEdu8m4dIntu6jA">Concept: Risk Management</a> for more information.
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