My Risks: an ISO 31000 risk register
A well-registered risk is a risk you can manage. My Risks follows the ISO 31000 approach: identify, analyse, evaluate, treat and monitor each risk until it is closed.
One register per project
Each risk has its category, cause, owner, probability and impact before and after treatment, and a response plan with its cost. Risks attach to the project’s activities, and a badge on the activity reminds the team.
The effect on schedule and budget
The delays of registered risks feed the Monte Carlo schedule simulation: you see the chance of meeting the finish date, with and without the risks.
Charts to talk about them
Probability × impact matrix, exposure curve over time and risk reserve are part of the project analysis and its PDF.