ROAM: Resolved, Owned, Accepted, Mitigated
ROAM is a model to clearly articulate the risks associated with a project. The term "ROAM" is derived from the model, which specifies a status of resolved, owned, accepted, or mitigated for a given risk.
Resolved means that the risk no longer poses a threat to the project and therefore no further action is required.
Owned indicates that the risk presents a threat to the project scope, timeline, or budget and an owner has been assigned to mitigate or otherwise address the risk.
Accepted risks are risks which cannot or should not be resolved.
Mitigated risks still threaten a project but have an acceptable plan in place for mitigation, should the risk arise.
Flow of a Risk through ROAM
Broader Topics Related to ROAM: Resolved, Owned, Accepted, Mitigated
Resources for Project Management