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Working with the project team, we support the process of defining and allocating effective
risk reduction action and contingency plan preparation in respect of the high priority risks -
striving to assure true "buy-in" from the project's people as to what the risks are and what
should be done about them.
Specifically, our analysts:-
• Support risk reviews, at which the risk assessment is evaluated: the project team is asked
either to agree with the assessment or to disagree and point out its flaws - so that a view of
the risk can be established that they can buy into fully.
• Propose potential risk reduction actions, fallbacks and other appropriate treatment -
based on our discussions with the project's people and our analogous experience in other
programmes.
• Assist the process whereby risk related actions are tasked, assigned to risk owners
and integrated into the project plan.
• Support joint risk reviews involving you and your Customer, establishing a common view of
the risk faced and acting as "honest broker".
We can also facilitate the improvement of your own people's practice of the above activities
(bar the last).
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Copyright MM Associates Ltd 2003
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