• Monitor and manage the risks and opportunities.
• Communicate about the risks and opportunities.

45 min.

A11.KCI-5. Evaluate and monitor risks, opportunities and responses

1. Risk analysis is essential at the project's outset, but ongoing attention is necessary throughout execution. Risks evolve in nature and magnitude over the project lifecycle, demanding regular updates to the initial risk plan during execution.

2. Throughout the project or program, continuous risk monitoring is crucial. Formal re-assessment of risks should occur:

• After significant changes in the project, program, or organizational context.
• At key milestones.
• Before major project decisions

3. In addition to monitoring the opportunities and risks themselves, you must also check to what extent the responses actually have an impact.

To validate the application of this key competence indicator: ”Evaluate and monitor risks, opportunities and responses” in the IPMA certification, individuals in project management have to demonstrate:

• How they monitor and manage the risks and opportunities.
• How they communicate about the risks and opportunities.