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Project Risk Management

By
Shamira Dias

d_shamira@yahoo.com

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Plan Risk Management

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Plan Risk Management

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Identify Risk

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Identify Risk

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Perform Qualitative Risk

Analysis

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Perform Qualitative Risk

Analysis

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Perform Quantitative Risk

Analysis

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Perform Quantitative Risk

Analysis

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Plan Risk Responses

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Plan Risk Responses

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Control Risks

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Control Risks

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• You have been assigned to a project risk team of five

members. Because this is the first time your organization
has formally set up a risk team for a project, it is hoped
that your team will develop a process that can be used on
all future projects. Your first team meeting is next Monday
morning. Each member has been asked to prepare for the
meeting by developing, in a much detail as handling
project risks. Each team member will hand out their
proposal outline at the beginning of the meeting. Your
outline should include but not be limited to the following
information
a. Team objectives
b. Process for handling risk events
c. Team activities
d. Team output

• The Manchester United Soccer Tournament project team

has identified the following potential risks to their project
1. Referees failing to show up at designated games
2. Fighting between teams
3. Pivotal error committed by a referee that determines the
outcome of a game
4. Abusive behavior along the sidelines by parents
5. Inadequate parking
6. Not enough teams sign up for different age brackets
7. Serious injury

How would recommend that they respond to their these risks

and why