“Often, we see the experienced project manager will use risk
management as a method for raising the awareness of conditions that could cause
losses so that the project does not begin with a fuzzy vision and not much of
customer involvement.”
The role of a Risk Manager, which is found in relatively
large projects, will be to capture and formalize risk management activities and
results. He becomes the main spokesperson for the program for risks for major
reviews and reports.
The basic structure recommended for risk management consists
of a Risk Manager who is responsible for the definition, structure,
implementation and coordination of a risk management approach consistent with
the program, system engineering, test, manufacturing and verification plans.
It is the Risk Manager's job to coordinate the risk
management activities within the prime's organization and with all
subcontractors. The Risk Manager assists the Program Manager.
The Risk Manager also maintains the status of the risk list
and provides any risk training required for the proposal. He also develops work
schedules to overcome any shortcomings of the RFP with respect to risk and
provides whatever level of draft that is required by the RFP for the Risk
Management Program Plan.