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This Community serves as a platform to connect Risk, Issue, and Opportunity (RIO) management practitioners from across multiple career fields, offering them a chance to talk, share, and acquire knowledge about key topics.
There are many ways to interact with this community of practice. Click on CONTRIBUTE to share something with the community. This could be a document, a website, or a tool. When you contribute, your content will be available to authenticated users as part of a workforce-contributed library.
Click on BROWSE BY SUBJECT to view a breakdown of the most important parts of RIO management with a further breakdown into multiple subject areas and topics. Click on BROWSE BY CATEGORY to find specific types of resources, from announcements to case studies to reports. Have a question? Click on CONTRIBUTE or visit the SHARE AN IDEA/ASK A QUESTION page to reach out to other RIO management professionals for information.
RIO management is an integral part of program management and systems engineering. A program must align risk appetite with organizational capacity to manage and handle risks and apply informed judgment to allocate limited resources to the best effect. Sound judgment to achieve this balance is at the core of program management.
RIO management is an endeavor that begins with requirements formulation and assessment, includes the planning and conducting of a technical risk reduction phase if needed, and strongly influences the structure of the development and test activities. Active risk management requires investment based on identification of where to best deploy scarce resources for the greatest impact on the program's risk profile. PMs and staff should shape and control risk, not just observe progress and react to risks that are realized. Anticipating possible adverse events, evaluating probabilities of occurrence, understanding cost and schedule impacts, and deciding to take cost effective steps ahead of time to limit their impact if they occur is the essence of effective risk management. Risk management should occur throughout the lifecycle of the program and strategies should be adjusted as the risk profile changes.
The goal of the RIO CoP is to provide RIO management (RM) practitioners, as well as all personnel involved in Defense Acquisition, with a RM-focused website and companion-linked DoD Risk, Issue, and Opportunity Management Guide that is the first source to which a novice or experienced practitioner will go to get answers and obtain a pulse on the state of RM. This RIO CoP website and the RIO Guide have applications across government and many industries. The Guide is an OSD product and focuses on RM within the DoD, but is useful to those outside of the DoD and the Defense industry.
We encourage you to read the DoD RIO Guide as an initial step. It doesn't provide every answer to every situation, but it's a great start.
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