Unit-v

fant-i Lisk Ma nagement

omarrduw poblems
are toodey
tvdtay' isk
visk."
RiSK coulo Cause
tha
pDblem
f pprooen o
a
Ri¢k the
t hi oge
threaton
loss o
Some

tho po ject. menE

it
Rist manage

M n a g e me
nt:
Risk addressfng
ide nti5yin9,
thesytëm 05 problemt behpre
and etfminatira there
pove c
domo qe the
they C O)n

afsk St7at gitf

Vs poactive
#0 Reactive
pDactive
Reactive
pruactive
P'sk mog
aist mheqot
Reactie
Seeks
to idlentify al
actton
kfcks tn to
once an alctdent 0ele vant a'sts eatlie,
ent
fn cY'd
prD blems
a0
00 be fore
happent,
OCCwLS.
ae ldentthed
prvactive
tt mngmt
Rêactive
»ist mngmt threatr faime
the
den t'p'ey
2educe khose eVent
t i e to prevenE
mag potontial to
eve happen 'ng
hreatr ond speedon
eve
Onganizatfors 7e covuy tuthen
The appvach
reactiv the OMe gjh
As
leanosfmm past or pooactie s k n

Ccu ent eventr and meant th at to identin

prepare 0T uture aRt k behvre they
eventt o CC andiquveou
to avofd k
the Orqaoigation ways

9eactr aa the threa VulnevabYl? ty

} al tes @g'.
has occuhed
testing f 9eaneoliatioo
Tt mearuaet tb paevnt
vitt
hutwu potantiad a l allous Fon mone
Conthol ovn i(k D o
Ccbe)se
seccari ky
nswhonCe

aAsk
preveotinq potenHal > Developtoq
ASs orm be Comi ng usponse
ocidentr i s t ts
Soma aisks
Apaly zing
stopping bes
de ter mine the
-Jv worseinq
o n 1torf ng to
ntue that
fncdw 0o oito ving the
threat ¬nvimnment
does o0E CCo0

Conti no u y
Soh fiw are isk

Developing and mainto ining Solfoaie

?sk in ech step.
profect nvolve
Risk
tlentifcation amd monagrment
task dui ng soflware
taot
ane Vy 'mpo
SuCceK amd kaila
developrment bca
poje ct dependt on it.
slw project
o
omy
involvu chanac terîs ti cg
Rsk aluways
afsk oay 01 may
oot bappr
Uncetaoty: the

beco mes a Dealty,

theiSK
LosS
Losses will occW.

TYpes o slw is K

Tha eattn the prjeck plan

*paoject s k (ost,
and 3esulta ot
ahect schedul
Thoeaten
he qualfty
*Techofcal s k :
to be prpoasuca
tioelfoest of slu
Omd

Busipess
isk: a ath n buit
be buft
slo to
sho
viabfti' ty vf
Thoeatn he
be de loveded
ofskI COn
*koown isk3 These
tnom Casnefl fvaluatton
*poedfetable i k : Rfsk
ane identified
ppje ct experiernce,

Umpedictable gisk: Rfsks that occu

be dthiced t to identiby.

isk identiicatton
Tdentifyiog t k is one of 0St
mpor tant and fnitial Ste ps Pn ritk
anage mlDE povcess.

and predic ta ble

pr Pdic table
identi}ytna kndwo0
By
ta kes aa
manaqey
TSKs, the pr/ecE

gteP to ucacds avotding them i

hfrst Step
possfble and contsols hem when

DeCessAHY
0 eotityfng a'sks
one mt thod checklfst
"

Creat a 9isk ?tam

s
Ps to

den tiffca
tion is the popcei o
Risk
of ski that Could
termntng
de povgra m
Potntially prevenE the
Hhe

f0m it objectives.
 iKs:
heree are tuoo ty pes 0}
)enerfc
viskt
a) pmduct specipic
thaeat
a potent al
ae
1)enefc 2fsks
Slw pjeCF.
to
to Vey
can be
Specíffe f s kS
)pooducE A C]ka
o th
fdent'titd only bby
hoie

o} the technotbgy peopla

unde S t a n d i n g
that eihiu p j c t .
md nv omeot
table
Kooon
n dpaiclit
SOoe

sks
#prduct sige
Busfoes fmpac
Cuttdmer characterr tic

poDce d}inttton.
7

and txperence
Stajj Se
(Technoloqy to be bult
 R'sk pDectton 3
alto
called
Callod sk
7isk
f
pmjectio n
?s
7
K
stima ion.
iSK
SK D 2
?D 2
y
Eattempti to ate each /1ktihood

the s s deal
k k 1s 0eal
that
e p»vbabili lyl
t hthe
o
the opoD ble
bltmmDs
the
*th e COneuentet

he fsR
a ssociateo tolth

along ofth otha

The project plonner

mona gen and techênfco Stafpevpamg

4 Psk pojection activftie .

They one:
that 1eflectr the
Estab!ich a Stalo
1
a fsk
1ke1fhood of
a)Delipeat the coequeoces of risk.
Estimat the Tm pact o ofsk on

he project
4) No the ovevati aCeur a cy Of
the P posecti00 0 that these
w be no n1$und ea Standiogs.
 RisK Kehinemeot

one way too ts ehinement ic to

fo " conditidn.
epeseot the fsk

ueote
"
CCTC) format
hansitioo- Conseg

Condltfon Can be 3ned Pn

The qeneial
otlowYn monner
veutable
Sub (ondftion 4 edtan

were de ve lo ped by a third

COm po nenty
inte
in te Tnal
vnal
with ro knowledge o
panty
destgn Standa7ds.

ston dar d fwa

Subcondt tion a 3 The ole!lqn
has noE been
Componeot fo te oaceg
to
ceata tn erîsti09
Confoa m

Co m p o n e n t r .
e bua ble

Certaïn deusa ble

Sub
condttton 3
mplemented ?n
a
been
Compoentt have ted on
not Suppoa
that 1s
tanquage
the target- eoviDs)menE.
 RMMM-
Monito o?ng and
R i s k MHtgation,
MAnage Men
me n t tchniqu 1
A sk ma nage
tuualley Seen fn Sttw prnfe ct plan
fvided in to RMMM.
-Thfscom be
ovetall
project plon
the
As pait 0 uses thi's
qeoerally
poojec menaq

RMMM plon.
documented
slw teomi,
oik fr
tn Some
kfsk Intoamah o
eth the hetp of
Sheet (RiS).
oecumenta tion o5 RMMM1,
RMMM,
7Ah ter
mf tigation od
profect Staatr, isk
stalt
witl 9tait
stapt ott
monitoing

Rsk Mtigation
used avo td
to avotd
E ?s an activity

po0 ble (R?st Avotdonte)

 Ste ps for mitiaatiog the a1sks ?
flodiyout the oîsk

Caute that a?e the

the
RenoviOg
as0D torsK (ea tion.

Contnolltngg the corvetpondr'ng

mtime to ti me
o c u mént

timely evie ws to
conducting

the wOK,
Speed up
Risk Monitoain9
d ha po/e
tEfs an activity

toackfo
0bjectivie
rike orcur othot.
f predfcted
To chec
hutere frk
Collect da ta to

analydt wha problms aTe

T o allocott

which iskS though0ut

Cauted by
the project
 ao planning:
Rt's k a nagemu DE
s0itigation
assumes that the
Ylt
and the fs fealty
activity afod
ne bby
profect
do
T's task
s be Come 0ealíty
wh en
manageV
oblerns
Caute Seveve
no

the pnject manag ules povjecF

emove 3YSk
mfttgatton to
eatfey to
SuCcerehully then ft f
manaql the oisK