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Build A New

Program Risk Management Practice

Program Risk Management involves risks that are common to cluster of projects, programs, or business units.  The types of risks managed at this level impact the funding and allocation of resources to optimize program outcomes, as well as resource limitations and cost uncertainties that impact many projects at once. These risks could affect performance of major programs such as pavements, bridges, maintenance, information technology, project delivery, and finance. A key component of Program Risk Management is engaging the right people across the organizational structure.

Guidance
Plans Timeframes

AASHTO TAM Guide Risk Management Section

This AASHTO guide describes the integration of risk management practices into the Asset Management Plan and strategy.

FHWA Roadmap to Risk Management for Transportation Planning

This roadmap identifies how planning processes and planning staff can help initiate risk management practices.

Examples

NDOT Risk Management and Risk Based Cost Estimation Guidelines

This manual serves as a risk management process for Nevada DOT as project teams develop cost estimates and schedules.

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Office for Coastal Management Best Practices for Risk Communication

This best practice guide offers practical advice for how to communicate risks internally and externally.

Tools
program-checklist

Checklist for Program Risk Management​