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What is Risk Management?
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Photo - Arctic FoxPurpose

The implementation and monitoring component should be considered, even in the preliminary overview that is the primary focus of this Guide. It would be done only in rough draft form until the risk management study has been reviewed and approved by the senior administrator or band/ community council.

Some of what is discussed in this step would be required only in a larger study or if the study is approved to move ahead to a more detailed planning stage.

In this step, the project team will:

  • Develop and implement the adaptation plan.
  • Ensure that the implementation plan will be monitored for effectiveness and costs of the adaptation responses.
  • Decide to continue or terminate the risk management process.

See Volume 2: Workbook & Case Studies (below) for examples of how to complete Step 6.



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