M3 Playbook > Phase 2: Selection > 2.4 Maintain and Execute Risk Processes
2.3 Monitor and Control Program Execution
2.5 Design Workforce Outreach
2.4 : Maintain and Execute Risk Processes
Program Management
Objective
Execute risk management processes to identify and mitigate risks and issues throughout the migration.
View Lessons LearnedRecommended Best Practices
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Customer
Maintain and update plan(s) for managing risk
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Customer
Update RAID Log biweekly with new risks, changes, mitigation status/actions, decisions throughout Phase 2
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Customer
Develop and employ mitigation strategies continuously throughout Phase 2
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Customer
Report risks/issues, mitigation efforts in leadership meetings & Reports/Dashboards; inform stakeholders
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Customer
Perform Risk Assessment
2.4 Lessons Learned
- Hold regular risk management meetings, include risk in status reporting and escalation
- Document risks and issues in RAID Log in order to clearly communicate risks
Stakeholders
Recommended stakeholders, inputs, & outputs may vary by implementation; however, agencies that contributed to this Playbook reported these factors as increasing the likelihood of success.Customer
- Executive Sponsor
- Business Owner
- Program Manager
- Risk Manager
- PMO Lead
- PMO Team
- IV&V Team
