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Glossary · Project

Project Risk Register

A structured repository documenting identified risks, their characteristics, assessment results, treatment plans, and owners for a specific project.

Full definition
The risk register serves as the central record for project risk management, typically capturing risk descriptions, categories, probability and impact ratings, scores, response strategies, action plans, responsible parties, and status. It evolves throughout the project lifecycle as risks materialize, new risks emerge, and mitigation actions progress. A construction project's register might track risks including permit delays, weather disruptions, labor shortages, and cost overruns with specific owners and response plans. Effective registers are regularly reviewed by project teams and stakeholders, integrated with project schedules and budgets, and used to inform decision-making and resource allocation.
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