Risk Management

• Risk is an uncertain event that, if it occurs, influences at least one project objective e.g.,
Scope, Schedule, Cost and Quality.
• The purpose of Risk Management is to maximize the events that cause project success
and to minimize those that hamper it.
• Known risks are handled by providing contingency plan.
• Unknown risks are handled by management reserve.

Risk Management Process

1. Plan Risk Management
2. Identify Risk
3. Perform Qualitative/Quantitative Analysis
4. Plan Risk Response
5. Monitor and Control Risk
 Risk Management
• For our SAP Implementation Project Risk management will start from Kick-Off phase of the project, maximum
number of risks are identified during the Prepare & Explore phase of the project. The risk management will follow the
following steps:
• Risk Planning – During the planning process, we will identify
• Risks,
• Risk Owners,
• Risk Tolerances, and
• Risk Processes

• Risk Assessment – During the assessment phase of risk management, we will

• Assign probability, impact, importance & timing,
• Interdependencies and confidence limits,
• Prioritize risks, and
• Analyze risk trends

• Risk Response – Finally, in this part of risk management, we will

• Monitor & communicate the status and trends of risks
• Balance the project, and
• Manage the investment choices
 Risk Management
Project Phase Risks Risk Category
System Understanding Scope
Discover
Infrastructure Requirements Requirement
Process and fitment with “what we do” Scope
Prepare Availability of the given functionalities Scope
Resources Availability Related risks Scope
Best Practice fitment into their current business processes Scope
Data Migration methodology Data Migration
Explore Data Security Security
Ineffective Fit-to-Standard meetings Scope
Ineffective / Lack of participation in Fit-to-Standard Communication
Realize Changes in Scope Scope
Deploy Lack of training, learning or participation from End Users Learning
Run Lack of Hyper-Care Support Reputational