Joint risks require a team process to develop mitigation plans. Monitor risk indicators and mitigation plans. Indicators and trends provide information to activate plans and contingencies. These are also reviewed periodically to measure progress and identify new risks. Maintain visibility of risks, project priority, and mitigation plans.
Actions can lead to corrections in products or processes.
Changes to risks, risks that become problems, or faulty plans require adjustments in plans or actions. Maintain the level of risk acceptable to the program managers. Communication occurs formally as well as informally. Establish continuous, open communication. Formal communication about risks and action plans is integrated into existing technical interchange meetings, design reviews, and user requirements meetings.