Manage Risk definition

Manage Risk. Monitor project work for new and changing risks. Manage the execution of alternate strategies, contingency plans, or corrective action to keep the project on track. Conduct Weekly Project Status Meetings: Conduct weekly project status meetings with Ivanti and Customer to review progress made throughout the week, project schedule, status of new and outstanding issues, and reviewing project risks and adjust project plan as necessary. Document and distribution meeting minutes to specified stakeholders.
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Examples of Manage Risk in a sentence

  • Monitor and Manage Risk Identify specific risks that may threaten achievement of intended results.

  • IRH, COs IRH and CO staff cost Monitor and Manage Risk Identify specific risks that may threaten achievement of intended results.

  • Capacity to Manage Risk The RDN is best positioned with staff and financial resources to manage a higher than anticipate operating deficit, unforeseen expenses, staffing challenges, etc.

Related to Manage Risk

  • operational risk means the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events, and includes legal risk;

  • systemic risk means a risk of disruption in the financial system with the potential to have serious negative consequences for the financial system and the real economy;

  • Low risk means normal, uncomplicated prenatal course as determined by adequate prenatal care and prospects for a normal, uncomplicated birth as defined by reasonable and generally accepted criteria of maternal and fetal health.

  • Minimal risk means that the probability and magnitude of harm or discomfort anticipated in the research are not greater in and of themselves than those ordinarily encountered in daily life or during the performance of routine physical or psychological examinations or tests.

  • Construction manager at risk means a project delivery method in which: