Prerequisite

• Access to the File > Strategy (PR006) menu.

Introduction

Strategies aimed at responding to risks are essential to properly handle situations that may impact the objectives of a project. There are strategies meant for both negative risks (threats), which seek to mitigate or eliminate undesired effects, and positive risks (opportunities), which intend to boost beneficial outcomes.

All the strategies that may be associated with risks identified in projects must be created through the Strategy menu, which allows for a more proactive management, in alignment with the good practices for risk management.

Creating a strategy

1. Access the File > Strategy (PR006) menu.

2. Click on the toolbar button.

3. Enter an ID # and name for the strategy.

4. Click on the button to finish the record.

Conclusion

Once strategies are created, they can be linked to risks recorded in projects. Click here and learn how to perform this operation.