RISK MANAGEMENT

ABSTRACTS

LESSONS LEARNED (LL) / BEST PRACTICES (BP)

• Risk Management (BP) - Abstract: The practice of risk management employs processes, methods, data, and tools for managing risks as an integrated function of the engineering and management activities in a program. Fundamental to this practice are the activities of communicating, identifying, analyzing, planning, tracking, and controlling risks. In addition, risk management practice requires various infrastructure and support elements essential for operation in a dynamic environment.