Risks, Issues, Opportunities
|Term||Risks, Issues, Opportunities|
Risk: ‘potential’ event or problems that could seriously affect the programme, project, activity or tasks’ ability to reach the defined objectives;
Issue: ‘current’ events or problems that prevent programme, project, activity or tasks to reach the defined objectives. Issues need to be resolved as soon as possible by the appropriate level of management whereas risk can be monitored on a continuous and preventive basis;
Opportunity: ‘potential‘ event that could increase the value of the project or its outcomes
SESAR (2015), WP & Project Management Execution Guidelines, Ed. 02.02.00
The objective of RIO Management is to ensure that, throughout the lifecycle of a project and/or the programme, the processes to identify potential events affecting the ability of the SJU to reach its objectives or seizing opportunities to capture benefits are operating effectively and on a timely manner at all levels of the programme (e.g. Project, WP and SJU levels).
Lexicon Release 2015.2