Risk Sharing Framework interview

Watch our interview between Technical Project Manager, Hiba Khan and Task Lead for the Standardisation Workstream, Brendan Bromwich, discussing the Risk Sharing Framework.

Recorded following the recent publication of the draft Risk Value Framework, as part of the programme’s Standardisation Workstream.

The Project Risk Framework sets out standard ways of allocating risk in different types of NbS projects. With a standard model in place, it will be easier for groups to come together and set up projects because they have a standard model to follow. They may choose to vary their approach and deviate from this standard, but by having a baseline model it will be easier to set out what variations are being made.