Reporting risks to the board
Posted by APM on 1st Oct 2006
The APM Risk SIG held their annual conference in October 2006 summarised the key points from the various presentations and knowledge sharing session in a white paper. It is intended toprovide a reminder for those at the event of the main issues, tips and suggestions for reporting risks to the board. It may also be useful for anyone not present who has an interest in this topic.
The presenters were asked to provide their views on reporting risks to the board. They were given a brief which highlighted 4 topics for consideration and were asked to reflect on those areas from as many perspectives as possible.
After the main presentations the delegates split into 4 Knowledge Sharing Network (KSN) groups to discuss each topic.
Whilst the body of this paper maintains that structure, many of the key points were identified several times in different areas. For simplicity each key point has been placed in its predominant section.
The white paper can be downloaded below.
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We make risk assessments every day, and generally we do them well. Most of us look both ways before looking the road, and in the same way most of us will survey a site before we allow our projects to start digging.