Programme Risk

Internal Risk Management

Language

Financial

Black Swans

Wargaming

"Attack the risks"

Contingency planning

SRO held finance

RIC (Risk Inside Costings) / ROC (Risk Outside Costings)
i.e. those risks deemed high enough get moeny set aside for them (RIC). However if risks values change ROCs could become RICs.

Who plays the enemy?

SRO (Senior Responsible Owners)

Can be held accountable by Parliament

External Scrutiny - Gateway Reviews

Risk in Defence

ISO31000 - universal risk management framework

Myth Busting

Risks don't always need managing

Escalating when its outside your control is too late

Recognise and make sure everyone understands uncertainty

If you dont consider risks early, you can't prioritise and allocate resources efficiently

Who are the stake holders?

What are their interests?

What are their risk appetites

Pros and Cons from Contracting

Defence Board Objectives

Be ready for future tasks

Build for the future

Deliver on Operations

Does Risk Management behaviour change on Operations?