Step 12: Follow-up of risks and assumptions

During the project’s design phase, the risks and assumptions were identified and listed in the risk register. This risk register can be used during the execution of the project to reassess the situation and the risks periodically.

The risk register allows you to reassess whether:

• The likelihood that the risk will occur has changed
• The potential impact of the risk on the realisation of the project’s objectives has changed.
• There are any new risks that can be identified and that require monitoring in the future

It is possible that the project becomes less sensitive to certain risks over time, because the population becomes more resilient to those risks thanks to the achievements of the project. On the other hand, new and unexpected risks may materialise. This may even lead to a situation where it becomes practically impossible or too dangerous to continue the project. In such extreme cases, the information gathered using the risk register may help you support your decisions and convince your donor.