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Managing Risks

Project Web Access 2003 now provides a facility for defining and managing Risk management plans. This facility includes the ability to describe the potential risk areas of the project, the probability that risk will impact the project, any mitigation plan to minimize the potential risk, and the definition and triggering of contingencies if the mitigation is not successful. This feature provides all the basic elements of a risk management process, including responsible team member, risk manager, critical dates, and descriptive elements.


Use the Project Web Access Risk tab functions to create and manage risks for projects stored within the Project Server database repository. Selecting the Risks tab reveals a list of projects you have permissions to view. When you select a project name link, a set of risk management controls is presented as shown within Figure 28.18.


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