Can you give an example of a project where you had to handle multiple risks at the same time and how you prioritized them?

Question

Anonymous · Accepted Answer

Risk assessment at the beginning of any project/initiative is critical for the
successful delivery. I have set up the right mechanisms in the teams that I was
leading to identify risks early enough to avoid surprises. First, I ensure that
the scope is identified and carved out clearly. Second, I identify the
dependencies and owners for dependencies. I assess any security, compliance
risks that we can potentially encounter. I also ensure that the proper
acceptance criteria and success metrics are established for the project goals.
Mechanisms that I use are 1/ defining SMART goals for the project with clear
success metrics, milestones and dependencies 2/ mechanism to fill in threat
model once the high level design is complete 3/ engage external stakeholders for
appsec, pentest and regionalization early in the project phase 4/ set up
recurring session with external dependency teams to track status and progress 5/
have risk assessment captured as part of the design doc and a mechanism to
escalate if we identify any new risks during the execution of the project.

Can you give an example of a project where you had to handle multiple risks at the same time and how you prioritized them?

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