4. Review political, economic, social, legal, technological and policy context 5. Review the context, strengths and weaknesses of existing arrangements 6. Document the successes, goals and objectives for area included in scope 7. Ensure you have support for all risks management strategies 8. Ensure risk management strategies are communicated to relevant parties and invite them to participate 9. With help from relevant parties, research and use tools and techniques to identify a list of risks 10. Analyse the risks to determine the likelihood of them occurring 11. Assess the impact if risks 12. Determine the consequences of the risk