How do we recognize a risk early enough to act?
Missing risk triggersDefine observable signals and the decision they should trigger. A useful trigger is linked to a response window, not merely a condition noticed after the impact has occurred.
What to do now
- Identify early warning signals
- Set a practical observation method
- Agree the action threshold and owner
- Test whether enough response time remains
When to escalate
Escalate when
The warning arrives too late for the planned response.
Who decides
The accountable risk owner
Example
A supplier's missed design checkpoint triggers review before the final delivery date becomes unrecoverable.
Mistake to avoid
Using project failed as the trigger for contingency.
Prevent a repeat
Review whether response tasks and trigger conditions remain appropriate as the project changes.
Suggested ApprovedFlow setup
- Documents
- Tasks
- Approvals
Store the risk assessment as a controlled project document and assign response tasks; do not assume a native risk engine is enabled. See the platform
Related cases
- How should we handle a risk we cannot prevent?Unavoidable exposure
- How do we close a risk properly?Unsupported risk closure
- We need bad news from suppliers earlier. How can communication improve?Delayed exception reporting
- How do we choose leading indicators for project problems?Late-warning measurement