ABSTRACT
Risk awareness creates a new way of looking at tasks, work products, plans, and strategies. Risk awareness results in subtle adjustments to the ways people plan to execute work. Sharing hazard risk information with others is as critical as a full-fledged attack on the risk. The right to know is very important. Response to risk has two stages. In the first stage, a solution is found. In the second stage, the solution is implemented with a proper plan. If the maximization can be done quickly using simple methods, a risk response plan is in order. Responding to risks is like playing chess. Shuffling the risk owners, their location, rearranging the priority among tasks, and redesigning the task network may transfer the risk to a new scenario that is advantageous to the organization. Triggers are recognizable, tell-tale symptoms that inform the risk owner when to launch the contingency plan. Trigger design requires complete knowledge about the impending risk.
