Record of performance risk
The Plan for Use Guide, Published by the RIBA in 2021 suggests that a performance risk is: ‘…an unforeseen event that can affect a project’s performance objectives and/ or performance outcomes.’
It goes on to state:
|
The record of performance risk logs all potential risks that could negatively impact on the project’s performance outcomes and assigns a probability of occurrence. This clarity can help to formulate risk resolution strategies and pave the way for limiting under performance or non-compliance. In producing the record, performance risks must first be identified, then subsequently analysed for their probability. This process allows performance risks to be prioritised and mitigating actions put in place to limit those with greatest potential impact first. The last but crucial element of the record of performance risk is allocating an owner to each of the identified risks. The owner is also responsible for the associated risk mitigation and resolution plan. |
It suggests that the record of performance risk should be a live document that is regularly reviewed and updated.
[edit] Related articles on Designing Buildings Wiki
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
Cut electricity bills to power growth
Coalition sends joint letter to the Chancellor.
Gasholders: a history in pictures. Book review.
Recognition, influence and growth
SocEnv identifies three strategic pillars in new strategy to 2045.
Discover the future of roofing, cladding and insulation.
New guidance for professional practice, cultural change and regulation in social housing.
The heritage of nuclear and conventional power stations.
New measures to stop people being ripped off
Government to protect families from cowboy builders and aggressive bailiffs.
New Futurebuild showcase brings an innovation-first approach.
National Planning Policy Framework
Understanding the 2026 changes.
ECA's public affairs priorities
Member consultation opens to shape priorities for 2027 to 2030.
Dutyholder responsibilities from 1 July 2026.
Where performance meets practice
The Building Envelope Stage at UKCW Birmingham.