What is typically contained in a risk report provided by the project manager?

A risk report provided by the project manager is primarily focused on the project's risk management process. This report typically includes an overview of potential risks that could impact the project's objectives, assessments of the likelihood and impact of those risks, and details on the strategies in place to mitigate or manage these risks. Additionally, it may contain information on any new risks that have been identified since the last report, updates on previously identified risks, and the overall status of risk management activities.

The importance of this report lies in its role in ensuring that stakeholders are informed about risks, enabling informed decision-making and fostering proactive responses to risks. By centralizing important risk-related information, project managers can help protect the project's timeline, budget, and overall success.