The RAMP process consists of four activities, which are generally carried out at different times in the life-cycle of an investment as indicated below:

• Process launch: conducted early in the investment life-cycle.
• Risk review: conducted before key decisions or at intervals.
• Risk management conducted continually between risk reviews.
• Process close-down: conducted at the end of the investment life-cycle or on premature termination.

Each activity is composed of several phases, each of which is made up of a number of process steps. The first and last activities -process launch and process close-down -are each performed once only, around the start and end of the investment. There are a number of risk reviews carried out at crucial stages or time intervals within the investment life-cycle. Risk management activities are performed continually between risk reviews based on the analyses, strategies and plans produced by the preceding risk review.

The RAMP process is outlined and discussed in greater detail in the handbook.