ROAM Risk Assessment
activities for problem-solving
Free problem-solving activities, you will acquire new ways of working to solve your challenges. You will discover techniques to investigate, define, and frame your problems, helping you better understand and deal with them.
An activity to identify and plan for risksWhy try the ROAM Activity?
Are you searching for new ways of working to recognize and minimize potential problems and risks?
Activity Objective
Categorizing risks as resolved, owned, accepted, or mitigated helps develop a risk management plan that maximizes project success.
Templates
Number of Players
The ROAM activity can be done alone or in a group for any team size.
Activity Duration
30-60 minutes
Instructions
Introduce ROAM Analysis and its four risk categories: resolved, owned, accepted, and mitigated.
List potential risks or let participants brainstorm themselves.
Have participants assess risks and analyze their impact and likelihood while considering potential consequences.
Gather the evaluations from each participant and present them collectively.
Lead a discussion to categorize risks as resolved, owned, accepted, or mitigated. Encourage open dialogue and consider various perspectives.
Record the ROAM Analysis outcomes, including risk categories and any planned actions or mitigation plans.
Encourage ongoing monitoring and reassessment of risks throughout the project lifecycle.
Agenda Example
Introduction to the ROAM Analysis (5 minutes)
Identifying and evaluating risks (15 minutes)
Group discussion (20 minutes)
Documentation of results and action planning (10 minutes)
Wrap-up and next steps (5 minutes)
Start your activity with an icebreaker question. It can help participants get to know each other and collaborate better.
Script & Talk Track
Welcome, everyone, to the ROAM Analysis activity. Today, we can explore a powerful framework that will help us identify and manage risks effectively. With the ROAM Analysis, we can confidently chart our path forward and create the foundations of our risk management strategy. Let's begin our journey!
The ROAM Analysis is all about understanding and categorizing risks. Each risk will fall into one of these categories based on our assessment. Let's take a moment to explore each category.
Resolved risks have been addressed and no longer pose a threat. These are risks we have successfully mitigated or eliminated.
Owned risks are risks that require our attention and action. We will take responsibility for managing these risks throughout the project.
Accepted risks are risks we acknowledge but choose not to take immediate action. We accept that these risks may have an impact, but we have decided they are within an acceptable range.
Mitigated risks are risks for we have identified strategies and actions to reduce their impact or likelihood. These risks require ongoing monitoring and management.
Now that we understand the four risk categories let's begin evaluating the risks. Individually, please take a few moments to brainstorm potential risks and determine their impact and likelihood. Think critically and consider the potential consequences. We want to ensure we have a comprehensive understanding of each risk.
Let's come together and share our evaluations so we can have a collaborative discussion. Let's try to reach a consensus on categorizing each risk into one of the four categories - resolved, owned, accepted, or mitigated. I encourage open dialogue and consideration of different perspectives. Together, we will make informed decisions.
Excellent job, team! We have effectively sorted the risks into the four ROAM categories. Our next step is to record our findings by documenting the risks assigned to each category. We mus include the corresponding agreed-upon actions and mitigation strategies. This documentation will serve as the foundation for our risk management plan.
Thank you all for your valuable contributions today. Remember, risk management is ongoing. Keep monitoring and reassessing risks to keep the project on track for success.
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