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Risk Identification

R1 Decision Mat.
R2 Impact
R3 very low low medium high very high
R4 very high R4 R1,R2,R3

Probablity
R5 high R11 R10 R5
R6 medium R8 R7 R6
R7 low R16 R14 R9
R8 very low R15 R12 R13
R9
R10
R11
R12
R13 It is the way that choose
R14 more critical risks
R15 according to impact and
R16 probability match like in
CE703.

A1
Distribution
Selected Risk Fac. Task Correlation
R1 A1
R2 A2
R3 A3 These will be
R4 A4 assigned at the
Distributions in Monte Monte Carlo
The factors R5 A5
Carlo in Analyse Phase stage which
which are in R6 A6
yellow and
comes after the
R7 A7 risk assessment
red areas are
selected for R8 A8 part.
the analysis R9 A9
R10 A10

The risks are


assigned to the
tasks in the P6
software

A2
A3

A4
A5

A6
A7

A9
A8
A10
Relation between risk factors

Moment of Risks Successors Event


R2,R5 E1 E1= R1,R2,R5
- - * E2= R3,R7,R9
R7, R9 E2 E3= R4,R10,R8
R10, R8, E3
- -
- -
- - Example of events logic
- -
- -
- -

Expected occurance
time of a particular
risk which could be
defined as
percentage of the
task duration

This is the representation


of event occurance at the
instant time of different
activities.

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