Risk Management Responsibilities  

Each and every person in the project team has a responsibility of performing a particular task and must indulge in risk management process. This depends on the person's actual interest in the project which can be determined by the extent of involvement and the actual project task executed by that person. Basic risk management practice can provide  clear understanding of risk management responsibilities. Each individual tasks and liability, both inside and outside an organisation, must be clear to make sure that all essential responsibilities are covered by appropriate individuals. Below are the key risk management responsibilities undertaken by the each person in a project team.