2 Identify, Assess & Address Project Risk Safeguard your project from risk early Identify Assess Address Risk Management Tools Risk Log Template Risk Management Plan Once risks are identified and assessed with clear priorities - it’s time to plan to The first step is to identify, document, Once identified, the impact of each risk address them. and communicate the anticipated can be scored and prioritized in a project risks and impacts in a Risk Log. programmatic way. The 4 methods to address a risk: This process should be carried out prior Risks have 3 dimensions: ● Mitigate - resolve/reduce likelihood to project kick off by the delivery project risk becomes and issue manager with support from the customer ● Probability - the likelihood the risk ● Transfer - to other resources to and project delivery leads. The risk happens resolve management process should then be ● Impact - how risk affects scope, time ● Eliminate - remove the requirement documented in the SOW to the and cost if possible customer. ● Proximity - how soon would the risk ● Accept - risks that can be absorbed happen with minimal impact Access to the content on Partner Community, Partner Learning Camp (PLC) and Trailhead is available to all registered partners and Salesforce employees. Access instructions