Escolar Documentos
Profissional Documentos
Cultura Documentos
Outputs
1. Project
management plan
1. Analytical
techniques
1. Risk management
plan
2. Project charter
2. Expert judgment
environmental factors
5. Organizational
process assets
Risk Categories
A standard list of risk categories can help to make sure areas of risk are not forgotten.
Companies and PMO should have standard list of risk categories to help identify risk.
May includes:
Methodology How to perform risk management
Roles & responsibilities Who will do what?
Budgeting Cost of risk management process
Timing When to do risk management?
Risk categories. Internal, External, Technical =, unforeseen
Probability and impact matrix (?) How much probability and what is the impact?
Stakeholder tolerances Stakeholders risk appetite
Reporting formats reports related to Risks
Tracking How the risk will be audited?
The process of determining which risks may affect the project and
documenting their characteristics.
Identify risks
Inputs
Tools and techniques
1. Documentation
1. Risk management plan
reviews
2. Information gathering
2.Cost management plan
techniques
3. Schedule management
3. Checklist analysis
plan
4. Quality management
4. Asumptions analysis
plan
5. Human resource
5. Diagramming
management plan
techniques
6. Scope baseline
6. SWOT analysis
7. Activity cost estimates
7. Expert judgement
8. Activity duration
estimates
9. Stakeholder register
Outputs
1. Risk
register
Fire - Typical circumstances that imply the existence of a high fire load: use of plastics and combustible materials,
welding works, etc.
Lightning - Atmospheric electricity may cause damage, especially to transformers and buildings higher than others
nearby. It is important to take into account the lack of lightning conductors during the construction stage.
Explosion - Boilers, provisional transformers for electricity supply, compressors or other devices may be installed at the
worksite, with a risk of explosion. Possible explosions originated outside the site are also covered.
Theft - It used to be covered in the beginning, but nowadays almost all the insurance providers exclude this risk from the
policy wording (Refer to section on excluded risks, optional covers).
CATASTROPHIC RISKS (FORCE MAJEURE OR EXTRAORDINARY RISKS) - The most remarkable are those derived
from Acts of God (which are foreseeable, although their effects are unavoidable)
Unforeseeable accidents
Diagramming techniques
Risk Register
After Identify Risk process the output is initial entries into the risk register. It includes:
List of risk
List of POTENTIAL responses
Root causes of risks
Updated risk categories
baseline
impact matrix
3. Risk data quality
3. Risk register
assessment
4. Enterprise
environmental
4. Risk categorization
factors
5.
5. Risk urgency
Organizational
assessment
Project Management
Professional (PMP) 35 Hours PDU
Analysis using
Relative probability or likelihood of occurrence
Impact on project objective
Time frame response
Organizations risk tolerance
Etc.
plan
4. Risk register
5. Enterprise
environmental
factors
Project Management Professional (PMP) 35 Hours PDU
Sensitivity Analysis
To determine which risks have the most potential impact to
the project
Changing one or more elements/variables and set other
elements to its baseline then see the impact.
Sensitivity Analysis
Outputs
1. Project
management plan
updates
2. Project
documents
updates
Avoid
Eliminate the threat entirely
Isolate project objectives from the risks impact
Mitigate
Implies a reduction in the probability and/or impact of an adverse risk event to be
Accept
Deal with the risks
Project management plan is not changed
Example
Example
Share
Allocate some or all of the ownership of the opportunity to a third party who
is best able to capture the opportunity for the project benefit.
Enhance
Increase the probability and/or the positive impacts of an opportunity.
Accept
Not actively pursuing an opportunity
Inputs
1. Project
management plan
2. Risk register
3. Work performance
data
4. Work performance
reports
Control risks
Tools and techniques
1. Risk reassessment
2. Risk audits
3. Variance and trend analysis
4. Technical performance
measurement
5. Reserve analysis
6. Meetings
Outputs
1. Work performance
information
2. Change requests
3. Project management
plan updates
4. Project documents
updates
5. Organizational process
assets updates