Definition
Why This Matters
How The Pattern Forms
Examples
How This Connects To Operational Risk
How Leaders Detect or Prevent It
Common Questions
How long should a weekly risk review take?
A focused weekly review covering the five core questions takes 15 to 20 minutes for a single community and 30 to 40 minutes for a portfolio of 10 or more. The goal is consistency, not comprehensiveness. A shorter review done every week creates more value than a longer review done once a month.
What data sources should be included in a weekly risk review?
At minimum: complaint volume by community compared to the prior week, maintenance ticket recurrence by issue type, and review score or theme changes in the past two weeks. If available, add resident communication volume and any safety-related flagged issues. The goal is to cover internal data and public review data together.
Should site managers and regional managers do separate reviews?
Yes, at different levels of detail. Site managers should review their own community data daily or every other day. Regional managers should review signals across their portfolio weekly, looking for the outliers that need attention. The two-level review catches both individual community issues and portfolio-wide patterns.
What should happen when the weekly review identifies a risk pattern?
Assign it to a specific owner, set a resolution timeline, and document both. The review is only valuable if it produces action. A pattern identified and then not assigned to anyone for follow-up has the same outcome as a pattern that was never identified.