engagement
Risk Assessment
Risk assessment systematically identifies potential negative impacts, evaluates their likelihood and severity, and develops strategies to mitigate or prevent them.
45-90 min3-15 peopleHard
When to Use
Use this method when you need to proactively identify and manage potential risks associated with a project or program.
How It Works
Solves: Unforeseen problems derailing projects; lack of preparedness for potential challenges.
Step-by-Step Instructions
Follow these steps to facilitate this method
- 1
Step 1: Identify potential negative impacts or risks (15 min).
- 2
Step 2: Assess the likelihood and severity of each risk (15 min).
- 3
Step 3: Develop mitigation strategies for high-priority risks (30 min).
- 4
Step 4: Assign responsibility for monitoring and managing risks (15 min).
Facilitator Tips
- Involve diverse stakeholders in the risk assessment process.
- Regularly review and update the risk assessment as the project evolves.
Variations
- Use a SWOT analysis to identify internal and external risks.
- Conduct a scenario planning exercise to explore potential future risks.
Source: BetterEvaluation.orgLearn more