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From the Anatomy of Risk it can be readily deduced for any type of project that there are three main managers of any risks :-
1. The Client, and
2. The Contractor, and
3. Sub-contractors or Suppliers.
The main purpose for reporting should be a readily understandable method so that all the parties, if required, can communicate on a comparable and structured basis. The Client (and his Consultants) require this initially so that they can, for example compare tenders and quotations their risk. The Contractor, (and subsequently sub-contractors and suppliers), so that they can also function in a comparative manner but also so that they can identify and manage their perceived elements of risk. If system can be brought in at an early stage all parties are able to assess the levels and degrees of risk. One method of achieving this is to develop a "Risk Breakdown Structure", (RBS), and although the determination of the Breakdown Structure may be different there is present at least a commonality of thought and method in place which can allow a greater degree of freedom and recognition in any communication and understanding of risks.

The needs of the parties are different. The Client has an overall view to consider from requirement to commissioning and financing to operating profitability. Contractors are limited to their successful management of a project but this needs to be contained within any company's overall operations so that unlike projects can be compared on a risk basis. Thus the RBS reportage will differ and and there may be more than one level particularly for a client organisation.

The main factor for all parties is to Identify the Risk Areas.
As the client, or his consultant(s), has an overall responsibility a possible RBS could take the following format :-

Level 1		The Contract
Level 2		Management Field		External Field			Technology Field
Level 3		Corporate	Customer/Stakeholder	Environmental	Cultural	Economic	Requirements	Performance	Application
Level 4		Stability	Exposure	Environment	Political	Labour Market	Scope Uncertainty	Technology State	Organisational
		Financial Status	Financial Status	Local Services	Legal	Labour type	Job Complexity	Technology Limits	Personnel Skills
		Experience	Project Need	Local Facilities	Interest Grps	Area Financial state	Work Spec's	Import Skills	Eqpt Availability
		Company Size	End Viability	Education	Languages	Funds Available	Suitable Contractors	Track Record	Staff Skills
		Competence	Policies	Climatic	Communication		Materials (T & P)		Resource Levels

Note :- Level 4 headings not necessarily in order of importance. The degrees of importance will probably be dependant on location and contract.

However, for a Contractor or Supplier the format would be slightly different as the criteria would be limited to the contract :-

Level 1		The Contract
Level 2		Management Field	Technical Field	Commercial Field	External Field
Level 3		Project Management	Scopedefinition	Contractual T & C	Regulations (National)
		Organisation	Bill/Spec Details	Warranties	Regulations (Local)
		Resources (Staff)	Technology	Payment Details	Financial Rates (If applic')
		Resources (L & T)	Technical Interfaces	Suspension/Determining	Site & Facilities
		Resources (P & Eq)	Technical Scaling	Sub-contractors	Climate
		Communication	Performance	Procurement	Political
		Corporate Policy	Testing	Applicable Law	Competition
		Reputation	Safety/Security	Client Reliability	Interest Groups
		Degree of Information	Job Concept	Partner (If Req'd)	Force Majeure

Note :- Level 3 classifications are not necessarily shown in order of importance nor limited to the above. The degree of importance will vary fom contract to contract and possibly location to location.