EGI-Engage:Risk Plan

EGI-Engage project:	Main page	WP1(NA1)	WP3(JRA1)	WP5(SA1)	PMB	Deliverables and Milestones	Quality Plan	Risk Plan	Data Plan
	Roles and responsibilities	WP2(NA2)	WP4(JRA2)	WP6(SA2)	AMB	Software and services	Metrics	Project Office	Procedures

Help and support: quality@egi.eu

Risk registry: https://documents.egi.eu/document/2795 (access restricted to AMB, CB and PMB)

This page is proving rules regarding risk management within EGI-Engage project.

Following definitions are used in EGI-Engage Risk management process:

1. Risk: a risk is defined as an uncertain event or condition that if it occurs, has a negative (threads) or positive (opportunities) effect on a Project's Objectives. (Source: PMBOK) In EGI-Engage the risk management process has been limited to threads.
2. Risk Registry: a database of identified risks with the associated analysis and response planning as well the estimation of risk occurrence and the history of their treatment.

1. Risk identification
   • goal:determining which risks can affect the project and documenting it in the Risk registry
   • a process that is used to find, recognize, and describe the risks that could affect (prevent or undermine) the achievements of objectives.
2. Risk analysis
   • goal: assessing likelihood and impact , evaluate the risk level
   • a process that is used to understand the nature, sources, and causes of the risks that have been identified and to estimate their level. It will also study impact and consequences and examine the controls (an activity that prevents or detects issues to mitigate risks) that currently exist.
3. Risk response 
   • goal: defining the actions to be taken in order to avoid the risks or to minimize their impact (risk response plan) for each risk
   • a process of developing options and actions to reduce threats to project objectives
4. Risk control
   • goal: improve success of risk management activities through continuously monitoring and adjustment
   • a process for implementing the risk response plan, tracking identified risks, performing risk status review

Procedure of Risk risk is written under https://wiki.egi.eu/wiki/PROC04_Risks_review