Get Risk Information Form - ?kev - Ikev

The Risk Information Form - ?KEV - Ikev is a vital document used in the risk management process. This guide will provide you with clear instructions on how to effectively complete the form online.

Follow the steps to fill out the Risk Information Form.

1. Use the ‘Get Form’ button to access the Risk Information Form and open it in your preferred editor.
2. Fill out the 'Risk Event' section by providing a descriptive name for the risk event, ensuring it is clear and identifiable.
3. Indicate the 'Likelihood of Occurrence' by selecting a corresponding option from the defined scale in the program’s Risk Management Plan.
4. Input the 'Date Submitted' to document when you are submitting the form.
5. Identify the 'Major System/Component/Functional Area' affected by the risk event, referring to the Work Breakdown Structure (WBS) as necessary.
6. Assign a 'Risk Rating' by classifying the risk as High, Medium, or Low based on the likelihood and severity.
7. Determine the 'Priority' of the risk on a scale from High to Low as assigned by Program/Project Management.
8. Record the 'Risk Identification Number' to ensure each risk is uniquely identified.
9. Compose a clear 'Statement of Risk' in one or two sentences that summarizes the risk.
10. Provide a detailed 'Description of Risk', outlining the key processes involved and how the risk manifests.
11. List any 'Key Parameters', including the minimum acceptable value and goal value relevant to the risk.
12. Assess the potential 'Impact / Consequences' if the risk were to occur, based on the Risk Management Plan.
13. State whether an 'Assessment' has been conducted and refer to any relevant Risk Assessment Reports.
14. Provide an 'Analysis' of the risk that describes the basis for the assessment results.
15. Evaluate 'Time Sensitivity' to determine how urgently the risk-handling option must be implemented.
16. Assess the 'Severity' of the risk to indicate the potential impact.
17. Identify any 'Other Affected Areas' that may be impacted by this risk.
18. Outline your 'Risk Handling Plans' which briefly describes how to mitigate the risk.
19. Document any 'Risk Monitoring Activity' that outlines how progress in implementing risk handling plans will be measured.
20. Include any 'Lessons Learned' that may inform future activities regarding this risk.
21. Update the 'Status' of the risk-handling activities and report relevant outcomes.
22. Provide the 'Status Dates' to track when these updates are made.
23. Assign the individual responsible for mitigating activities in the 'Assigned To' section.
24. Record the name and contact of the individual who reported the risk in the 'Reported By' field.
25. Finally, provide the 'Closing Rationale', explaining the reasons for closing the risk.
26. After completing all sections, ensure to save your changes, and you can choose to download, print, or share the form.

Complete your Risk Information Form - ?KEV - Ikev online today to ensure effective risk management.