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Managing Risk Session

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Basic example of how to manage project risks (non confidential). PMP-based

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Managing Risks on Your Projects Mark J. Jasionowski 10 November 2009
What is a Risk? ,[object Object],[object Object],[object Object],[object Object],[object Object]
This is an ISSUE !!
This is a RISK !!
How do I get started on Managing Risk ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Think about this for a second… “ Poor risk management implementation equals a high probability of project failure” - Rubin Jen, Visual Ishikawa Risk Technique (VIRT)—An Approach to Risk Management 
Plan Risk Management ,[object Object],[object Object],[object Object],[object Object]
Risk Identification ,[object Object],[object Object],[object Object],[object Object]
Risk Qualification ,[object Object],[object Object],[object Object],[object Object]
Risk Quantification ,[object Object],[object Object],[object Object]
Risk Response ,[object Object],[object Object],[object Object],[object Object]
Risk Monitoring and Control ,[object Object],[object Object],[object Object],[object Object]
Q&A and Thank You! ,[object Object],[object Object],[object Object],[object Object]
Back Up Information
RBS Courtesy: PMI, PMBOK – Fourth Edition
C&E / Fishbone Courtesy: Rubin Jen - PMP
Risk Register Courtesy: Nebraska Office of the CIO
Probability and Impact Matrix (two examples) Courtesy: PMI, PMBOK – Fourth Edition Courtesy: Mindtools.com
Decision Tree Courtesy: PMI, PMBOK – Fourth Edition
Risk Audit Courtesy: smashingpasswords.com

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Managing Risk Session