Risk communication is to a great extent required and crucial to keep Stakeholders in loop regarding project health and progress. It is arduous to please higher management and other Key Stakeholders by communicating nebulous (vague) project Risk status.
Communication is a top most factor that contributes to Risk growth. Wordy, pointless and lengthy power point presentations make no sense except waste of time and resources to win the key Stakeholders confidence on a project. Absolutely, no need to create dozens of pages to satisfy Key stakeholders. Right decision at the right time is vital to keep the project on track with respect to schedule, cost and other constraints. So, what to do when each key Stakeholder requires concise and precise presentation on a Risk status? The answer is a Dashboard!
A Dashboard provides well structure, concise and interactive solution. A dashboard is a right choice to highlight the Risk status and progress to communicate with Stakeholders and satisfy their requirement of Risk information.
I developed a Risk Register with Dashboard to address the project Risk management process as a whole.
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