Posted inProject Governance & Monitoring
Introduction
Context This guide is a technical supplement to the investment lifecycle and high value/high risk…
Risk Management Planning
Risk management will be a directed, focused, and intentional effort for this project. To that…
Risk Monitoring and Control
General Perhaps the phrase “control is an illusion” is familiar. Maybe we’ve had experiences when…
Risk Response Tools and Techniques
After we have identified and analysed the risks, we know where to focus our efforts.…
Risk Response
Taking Action Following identification and analysis of project risks, Project Managers and project teams must…
How to Perform Quantitative Risk Analysis
General Process Once risks are identified and have been screened via qualitative analysis, they can…
Quantitative Risk Analysis
General Quantitative Risk Analysis numerically estimates the probability that a project will meet its cost…
How to Perform Qualitative Risk Analysis
Once a risk is identified, including a thorough description of the risk and risk triggers,…
Qualitative Risk Analysis
General Qualitative Risk Analysis assesses the impact and likelihood of the identified risks and develops…
Identifying Risk Events
How to Identify Risk 1. Determine risk thresholds for the project—establish a minimum dollar amount…