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Activity - Prioritize Risks for Mitigation

Activity Information

Prioritize Risks for Mitigation

Description

Based on a combination of likelihood of occurrence, impact on occurrence, and cost of action, prioritize risks for mitigation.

Roles

ResponsibleBusiness Analyst
AccountableProject Manager

Attributes

Element Categories[CMMI Track 6] Operational Management, [CMMI Level 2] PP SP 2.2
Entry Criteria
Risks:
A list of risks in the active state, ready for mitigation.
Exit Criteria
Risks:
A list of risks in the active state, ready for mitigation, with mitigation priority designated as High, Medium, or Low.
Is RequiredNo

Steps

  1. Prioritize Risks:

    Designate risks for active mitigation as High priority, Medium priority, or Low priority by setting the priority field to 1, 2 or 3 appropriately (1 being the highest). Highest priority mitigation actions should be worked first.

Inputs and Outputs

WorkProductInputOutputAllowable States
RiskActive

Predecessors

TypeNameDependency Type
Select Risks for MitigationFinish-Start

Successors

TypeNameDependency Type
Monitor RisksFinish-Start
Plan Mitigation ActionFinish-Start

Last modified at 12/19/2007 10:37 AM  by Administrator