Risk Communications and Risk Mitigation
This topical report summarizes risk communications and risk treatment (a.k.a. mitigation) aspects of risk management workflow for the Southwest Regional Partnership on Carbon Sequestration (SWP) Phase III Demonstration Project, located near the community of Farnsworth in northernmost Texas. Detail on risk communications previously provided in an internal project report is summarized here, while detail on risk treatment is presented for the first time. A principal message is that the effective development and execution of risk treatments depends on effective communications among project staff. Farnsworth Project relied primarily on internal communications; in contrast, projects that also rely heavily on public approval will be relatively more dependent upon effective information sharing with external stakeholders. The report documents work undertaken for Tasks 7.4.2 and 7.4.3 of U.S. Department of Energy