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Monitor and control the mitigating actions to actively manage the risks and to minimise any residual risks occurring.
Ensure regular review and oversight by the Project Board.
horizon scanning for any change to risk assessment and for new risks.
For effective management of risk in a project environment it is important that risks are clearly and unambiguously expressed. They may therefore contain and be explicit on confidential information that is personally, politically or commercially sensitive. For this reasons Risk Registers should always be kept confidential to the project board members. It is a working tool and not a document for publication. If you break this rule once because you feel your current project is not sensitive, how will stakeholders react on your next project when you don’t publish the risk register?