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Course Schedule and Contents Day #
Contents
Project Management Overview Risk Management Overview Inputs to Risk Management Plan Risk Management
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5. 6. 7.
Identify Risks Perform Qualitative Risk Analysis Perform Quantitative Risk Analysis
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8. 9.
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1. 2. 3. 4.
Plan Risk Responses Monitor and Control Risks
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Cause, Risk and Effect Cause : Requirement/Const raint / Condition
Risk / Uncertainty
• Permitting agency may take longer than planned to issue a permit
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• Requiring an environmental permit to do work
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• If these uncertain events occurs, there may be an impact on the project cost and schedule.
“Because of <one or more causes>, <risk> might occur, which would lead to <one or more effects>”. 4
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“If You Don’t Actively Attack the Risks, 5
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The Risks Will Actively Attack You.”
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• Monitor and Control Risks
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Planning
Plan Risk Management Identify Risks Perform Qualitative Risk Analysis Perform Quantitative Risk Analysis Plan Risk Responses
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• • • • •
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Controlling
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Project Risk Management
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Project Risk Management
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Plan Risk Management
Perform Qualitative Risk Analysis
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Identify Risk
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Perform Quantitative Risk Analysis
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Monitor & Control Risks
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Plan Risk Responses All RightsŠ Reserved
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What Went Wrong?
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Did Some 38%
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Not Know 7%
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Did Not 55%
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Plan Risk Management Outputs Risk MP – Probability and Impact Matrix
Tusler’s Risk Classification Scheme 10
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Plan Risk Management Outputs Risk MP – Probability and Impact Matrix
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WORKSHOP Develop Project RBS
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Develop P&I Matrix
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A Sample Please?
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Identify Risk T&T Information Gathering Techniques: Brainstorming Goal: Obtain a comprehensive list of project risks
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Facilitator
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Multidisciplinary set of experts
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RBS can be used as a framework
Traditional free-form Structured: nominal group technique
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Complete Workshop
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Project Risk Register
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Perform Qualitative Risk Analysis
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Subjective Analysis
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Prioritizing Risks
Perform Quantitative Risk Analysis
Plan Risk Responses
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Rapid and Cost-effective
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Assessing and Combining P&I of Risks
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Workshop Prioritize
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Identified Risk
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Simulation: Monte Carlo Analysis
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Start
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E
Finish
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Simulation: Monte Carlo Analysis Project Costs
IT Project Management, Third Edition
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Plan Risk Responses
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Risk Response Planning Output Risk Register Updates
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Contact Information
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Name:
Ali Vahedi, MSc, PgMP, PMP, RMP, BSC BB
Email:
3avahedi@gmail.com
Web:
www.AliVahedidiz.com
Good Luck!
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