PROJECT RISK MANAGEMENT

Planning Risk Identify Perform Qualitative Planning Risk

Controlling Risks
Managemen Risks Risk Analysis Response
t
Performing Every response to a risk
-Process of defining INPUT
Qualitative Risk requires an
-how to perform the Risk control is the process of
1 Management plan of Analysis is the understanding of the
management the risks mechanism by which implementing risk response
process of plans, following up to identified
activities of the risk will be
2. Costmanagement prioritizing risks addressed. This is the risks, monitor residual risks,
Risks of a project. plan for analysis or identify new risks and evaluate
mechanism used to
The key benefit of subsequent analyze whether the effectiveness of the risk
3 Management plan of
plan of Response to management process through the
this process is that it the Schedule action
risks is having the project
ensures that the
4. Quality management assessing and desired effect.
level, type and plan
visibility
5 Management plan
human resources
of risk management INPUT
INPUT INPUT
.6 Scope baseline
1 Risk management plan
Input .1 Management plan of 1 Management plan of the project
7 Cost estimation of the risks
2 Scope baseline
activities .2 Risk register
1 Management plan
of the Project .3 Risk register 2 Risk register
8 Estimated duration of .3 Performance data of work
2 Act of activities
incorporation of the .4 Environmental factors
of the company .4 Performance reports of work
project 9 Registration of
interested parties Tools and Techniques
3 Register of .5 Process assets of the
interested parties organization 1 Risk strategies Negative
10 Project documents Tools and Techniques
or threats
4 Environmental
factors of the 11 Documents of the .1Risk Reassessment
.2 Risk strategies positive
company procurement or opportunities .2 Risk audits
5 Process assets of Tools and Techniques
12 Environmental .3 Response strategies to .3 Analysis of variation
the organization contingencies
factors of the company .1 Probability assessment
and impact of risks and trends
.4 Expert judgement
13 Process assets of the
organization .2 Probability matrix and .4 Performance measurement
impact
technician
Tools and Tools and Techniques .3 Quality assessment of Output
Techniques risk data .5 Booking analysis
.1 Revisions to the .1 Plan upgrades
1 Analytical documentation .4 Risk categorization .6 Meetings
techniques for the address of
.2 Collection techniques of .5 Assessment of urgency the project
.2 Expert judgement information of the risks Output
2 Updates to the
.3 Meetings .3 Analysis with list .6 Expert judgement .1 Information ofJob performance
verification Project documents
.2 Change requests
.4 Analysis of assumptions
.3 Plan upgrades for the address of
.5 Diagramming techniques Output the project
Outputs
.6 SWOT análisis Updates to the .4 Updates to the Project
Management Plan Project documents documents
.7 Expert judgement
The risks .5 Updates to the process assets The
organization
Output

Risk Register