| Aware |
- Can describe key terms and fundamental concepts related to identifying and assessing potential risks and opportunities.
- Can identify common risks (e.g. technical, financial, and schedule-related) and potential opportunities in design projects.
- Can describe the general importance of managing risks and opportunities to maintain project performance, cost, and schedule.
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| Practitioner |
- Can identify and assess potential risks and opportunities that could affect the performance, cost, or schedule of design activities.
- Can apply standard methods such as risk registers, opportunity matrices, and prioritisation techniques to evaluate and document risks and opportunities.
- Can develop and implement mitigation plans for risks, ensuring alignment with project goals.
- Can monitor risks and opportunities throughout the project lifecycle, updating assessments and action plans as necessary.
- Can communicate and collaborate with team members and stakeholders to minimise project disruption.
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| Senior Practitioner |
- Can analyse the impact and likelihood of risks, and determine the potential value of opportunities.
- Can develop comprehensive strategies for risk mitigation and opportunity exploitation, ensuring minimal impact on project performance, cost, and schedule.
- Can review and update risk and opportunity management plans.
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| Expert |
- Can anticipate emerging risks and opportunities through advanced analysis techniques, such as probabilistic risk assessments, scenario planning, or trend analysis.
- Can provide training and mentorship to team members on best practices for managing risks and opportunities.
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