Risk Register

Record of the risks identified in a project[1] or program that are monitored by the team to determine when or if they will occur. As a best practice, each identified risk[2] should be assigned to one of more persons whose responsibility it is to monitor the risk triggers and implement the risk response plan should the risk occur.

Defined Terms
1. project.

An interrelated set of tasks with a beginning and an end that is bounded by time, resources, costs and desired results.

2. risk.

An uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.

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