Risk Management
      Methods and Tools


What Is It

List reduction is the simplest method to reduce a large number of project risks items into a manageable number. It involves clarifying project options to group members to make the right decisions. Without the shared understanding of the items, the process may take longer to finish.

When To Use

Use list reduction
  • When dealing with a large number of risks and mitigation strategies (e.g., after a Brainstorming session) to reduce it to a manageable few.
  • With filters to facilitate the decision process of risk items reduction.


This method
  • Is easy and quick to apply when options are clarified to group members.
  • Is repeatable until a manageable number of risk items is achieved.