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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

RMP Effect / Impact /Possible Result

• 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

B

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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

18

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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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RM Workshop Base-Snapshot