ABSTRACT

The feed-forward objective goes beyond the purposes of simple risk reporting. Feed forward is a loop of which the risk report is only a part. Feed forward takes place when past risk reports are seen and taken seriously by the current project teams, which acquire a special hindsight. The experience of risk mitigation is passed on to the next lap in the race, and is fed forward. In a feed-forward system, risk communication is perhaps most critical. A team with excellent risk communication strengths faces minimum danger from risks. Risk communication should be carried out with the human situation in mind. If making risks visible is the cardinal principle of risk management, a risk dashboard is the answer. The risk dashboard presents risk information with high visual quality. All the models used in risk management are potential feed-forward mechanisms. A model is a bundle of knowledge that transfers knowledge to users.