Risk Monitoring & Control Process
The above mentioned process falls within the 'Monitoring & Control' process group
of the 'Risk Management' knowledge area,
as per
PMI PMBok.
The Risk Monitoring & Control process involves the identification, analysis,
planning and tracking of new risks, constantly reviewing
existing risks, monitoring trigger conditions for
contingency plans and monitoring residual risks, as well as reviewing the execution of risk responses while
evaluating their effectiveness. The process employs
techniques which includes variance and trend analysis.
As this process continues throughout the project life cycle, RobustPMSM
offers the Risk
Management Implementation service to facilitate the successful
implementation of the Risk Monitoring & Control process.