Roles and Responsibilities in HBP Risk Management Sample Clauses

Roles and Responsibilities in HBP Risk Management. The Risk Coordinator in the Management Subproject is responsible for coordinating the development and implementation of the HBP risk management framework. He/she works with the Scientific and Technical Coordinators (see above), whose performance management role, and overview of project-wide scientific and technological issues makes them valuable adjuncts in risk management. The Risk Coordinator also interfaces with the Risk Owners, who will be distributed across the Subprojects, according to the nature of the risk concerned. Collectively, the Risk Coordinator, the Scientific and Technical Coordinators and the Risk Owners form the Risk Management Group, which is a Project wide network of people with risk management responsibilities. The Risk Coordinator and the Risk Management Group will periodically review and revise the risk register. This will ensure that we have an updated view of risks as they evolve, helping us to (re)assign management responsibilities appropriately, to update our contingency plans and to act if any discrepancies are observed. The Risk Coordinator will communicate an updated analysis of HBP risk exposure to the Project’s governing bodies on a regular basis, along with recommendations for any corrective action that might be felt appropriate. The Risk Coordinator must ensure that the minutes of each governance body’s meetings confirms that the body concerned has received the risk exposure analysis and is aware of the contents. The Risk Category identifies the general approach that can be taken with a given risk in the registry. The categories are as follows:  Implementation: internal project implementation strategies should be largely governed by the risk detection and mitigation strategies described in the Project Lifecycle Framework. These are described in more detail in the following subsection.  Organizational: higher-level strategic risks. Can be detected with high-level KPIs. In most cases, mitigation of these risks will require larger strategic organizational action.  External: these risks are the result of external factors and can’t be detected with KPIs. Mitigation strategies might also require broader strategic organizational action.
Sample 1
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