PROJECT RISK MANAGEMENT

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 PROJECT RISK MANAGEMENT
Risk Is An Uncertain Event Or Condition
That If , Occurs , Has An Effect On At Least
One Project Objective .
RISK CHARACTERESTICS
Risk Is Always In The Future .
Objectives Can Include Scope , Schedule, Cost
Risk Has One Or More Causes .
Cause May Be A Requirements, Assumption,
Constraint, Or Condition .

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 RISK

Internal External

No
Others Legal Technical Predicable Predicable

Cache flow Changes in New Cost of

problems Licenses legislation borrowing
Technology

Industrial Availability
Design Natural
Safety Law Of raw
Issues Hazards
issues Suits material

Labor Contractual Operation Government Cost of

problems Failures Issues Regulation Operation

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 RISK MANAGENET OBJECTIVE

To Increase The Probability And Impact

Of Positive Events And Decrease The
Probability And Impact Of Negative
. Events

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PROJECT RISK MANAGEMENT
PROCESSES
-:It includes
 Plan Risk Management .
Identify Risks .
Perform Qualitative Risk Analysis .
Perform Quantitative Risk Analysis .
Plan Risk Response .
Monitor And Control Risks .
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 PROJECT RISK MANAGEMENT
PROCESSES (CONT.)
Plan Risk Management
The Process Of Defining How To Conduct
Risk Management Activities For A Project
Identify Risks
The Process Of Determining Which Risks
May Affect The Project And
Documenting Their Characteristics
(Risk register)
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 Perform Qualitative Risk Analysis

Prioritizing Risks For Further Analysis Or

Action By Assessing And Combining Their
Probability Of Occurrence And Impact

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 PROJECT RISK MANAGEMENT PROCESSES
(CONT.)
Perform Quantitative Risk Analysis
The Process Of Numerically Analysis
The Effect Of Identified Risks On
Overall Project Objectives

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 PROJECT RISK MANAGEMENT
PROCESSES (CONT.)
PLAN RISK RESPONSE
THE PROCESS OF DEVELOPING OPTIONS AND ACTIONS
TO ENHANCE OPPORTUNITIES AND TO REDUCE
THREATS TO PROJECT OBJECTIVES
MONITOR AND CONTROL RISKS
THE PROCESS OF IMPLENTING RISK RESPONSE PLANS
, TRACKING IDENTIFIED RISKS ,
MONITORING RESIDUAL RISKS , IDENTIFING NEW
RISKS AND EVALUATING RISK PROCESS EFFECTIVNESS
THROUGHT THE PROJECT
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 PLAN RISK RESPONSES TOOLS AND
TECHNIQUES
Strategies For negative Strategies For Positive
Risks Or Threats Risks Or opportunity
Avoid Exploit
Transfer Share
Mitigate Enhance
Accept Accept

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