Business DEX (UK_Defence054):— risk_management | Date: 2010/03/14 11:21:11 Revision: 1.11 |
For all platforms, systems and equipments, risk must be managed, which requires that anything which contributes to risk must be registered and tracked, with sufficient detail recorded to allow informed decisions by managers to mitigate the risk. Risks may be transient, or permanent, but a means to quickly establish the status, nature and magnitude of every risk identified is essential to safe and efficient programme management. This DEX allows for the exchange of such risk management information.
It is expected that standard tools such as “Predict! Risk Controller” and “Active Risk Manager” will be used by the MoD and similar tools will be used by Industry Partners.
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