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BUSINESS
FINANCIAL
CONTROL
SAFETY
STRATEGY
ANALYSIS
PROTECTION
RISK Management
Module
Your Company Name
Content
2
Risk Management Lifecycle
› Your text here › Your text here
Introduction
› Risk Management- Introduced
› Types of Risk
› Risk Categories
› Identify Risk Categories
Procedure for managing the Risk
› Risk Planning
› Risk Identification
› Risk Assessment
› Risk Monitoring
› Risk Tracking
Stakeholders Engagement
› Risk Appetite › Risk Tolerance
Tools & Practices
› Risk Impact Analysis
› Impact &Probability Analysis
› Risk Mitigation Strategies
› Qualitative Analysis
› Quantitative Analysis
Risk Management Lifecycle
3
Develop Risk
Management Plan
Risk Management
Close-Out
Risk
Management
Lifecycle
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Introduction
4
Risk Management-
Introduction
Types of Risk
Risk Categories
Identify Risk
Categories
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Risk Management- Introduction
5
R
e
s
o
u
r
c
e
s
Assessment of Risks
Identification of Risks
Prioritization of Risks
Minimize Monitor Control
Realization of Opportunities
Probability and/or impact of
unfortunate events
Maximize
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Types of Risks (1/2)
6
External Risks
Internal Risks
Strategic Operational Enablers
Governance
Strategic Planning
Ethics & Values
Stakeholder Relations
Demand
Regulatory
Economical
Socio- Political
Environment
Access to Services
Processes
Business Interruption
Emergency Response
People
Financial
Technology
Infrastructure
Listed below are
various types of
internal and external
risks. You can add/
delete the risk types
as per your
requirements
Types of Risks (2/2)
7
Operational
Financial
Hazard
Strategic
› Cost Overrun
› Operational Controls
› Poor Capacity management
› Supply Chain Issues
› Employee Issues incl.fraud
› Bribery and Corruption
› Regulation
› Commodity prices
› Demand Shortfall
› Customer retention
› Integration problems
› Pricing pressure
› Regulation
› R & D
› Industry or sector downturn
› JV or partner losses
› Debt and interest rates
› Poor Financial management
› Asset losses
› Goodwill and amortization
› Accounting problems
› Macroeconomic
› Political Issues
› Legal Issues
› Terrorism
› Natural disasters
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Below are four broad
categories of risk and
the various factors
associated with the
same. You can
modify them as per
your needs
Risk Categories
8
Product Design
Product Performance
Design
Your text here
Your text here
Your text here
System/ Software
Data Accuracy
Security
Your text here
Your text here
Your text here
Manufacturing
Assembly
Tools
Your text here
Your text here
Your text here
All Other
Consumer service
Environment
Your text here
Your text here
Your text here
Project Management
Team work
Product cost
Your text here
Your text here
Your text here
Quality
Quality system
Sigma Levels
Your text here
Your text here
Your text here
Profitable Growth
Low Price
Develop New product
Leverage Technology
Identify the Risk Categories
9
Risk Score by
Risk Category
Risk level
Risk Category Financial Financial Operational Operational Strategic Strategic
Risk Sub Category Funding Capacity Capacity Availability
Customer
Retention
Demand
Shortfall
Likelihood 2 3 3 4 5 5
Stakeholder Engagement
10
RISK
Stakeholders Risk
Appetite
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Risk
Tolerance
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Stakeholders Risk Appetite
11
Likelihood
Impact
Within Risk Appetite
Exceeding Risk
Appetite
Low
Medium
High
Low Medium High
Forming Risk Appetite
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Obtain an estimate of
the risk appetite of the
shareholders with the
help of the below bar
graph. This will help
in assessing the
acceptable risk level
Insignificant
increase
<10% cost increase
10- 20% cost
increase
20- 25% cost
increase
> 25% cost increase
Insignificant fall
in schedule
<7% schedule
slippage
7-10% schedule
slippage
10-15% schedule
slippage
15-20% schedule
slippage
Insignificant scope
decrease
Minor areas of
scope affected
Major areas of
scope affected
Reduction
unacceptable
Project end item
is useless
Barely noticeable
degradation
Only demanding
applications are
affected
Reduction requires
approval
Reduction
unacceptable
Project end item
is unusable
Risk Tolerance (1/2)
12
Very Low Very High
Ordinal Scale (example)
0.7 0.2 0.1 0.9 0.5
Cardinal Scale (example)
Cost
Schedule
Scope
Quality
Low Moderate High
Estimate the Risk
tolerance level of the
stakeholders on the
basis of the below
mentioned criteria. You
can modify these as per
your requirements
Risk Tolerance (2/2)
13
Likelihood
Impact
Business
continuity
problems Supplier
default
Loss of key
partnerships
IT problems
Poor project
management
Product or service
quality
Loss of key
managers
Below is a heat map
showing the risk
tolerance limit of the
stakeholders, where the
redline shows the
boundary between risks
that are acceptable &
those that are not
Procedure
14
Risk Planning
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Risk Register
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Risk Identification
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Risk Tracking
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Risk Monitoring
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Risk Assessment
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Risk Management Plan
15
Strategic risk
Performance
Deterioration
Proper assessment of
underlying strategies
2
Detailed understanding
of the market
Your text here 31/4/2018
John
Smith
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Type of
Risk
Outcome
Existing risk treatment
actions in place
Rating
Additional
Resources
Target
Date
Person
Responsible
Proposed risk
treatment actions
to mitigate risk
Below is the template
to list down the plan
to manage the types
of risks expected by
the company
Risk Register
16
Type
of Risk
Description
of Risk H M L
Risk Reduction
Strategy
Contingency
plans
Risk
Owner
Probability Impact
Perf. Cost Time
Maintain a risk register
to keep a close track of
all the risks faced by the
company and their
impact on the company
performance
Risk Identification (1/2)
17
Terminate
Treat
Tolerate
Consequences
Likelihood
Transfer
0
This graph shows the
likelihood and impact of
risk on the company and
the strategy which the
company might opt to
mange the risk. You can
alter this as per your
Risk Identification- Example
18
5 days
After five days no way to schedule
production or track orders
No UPS/ generator., MD hardware,
SPOF SME
Use paper reports for 5 days then
go manual for as many members
as possible
0 days
No production, potential for
bankruptcy, IT non- existent
Metal building, flood zone, poor
maintenance, no perimeter security ,
door lock broken
Look for warehouse space,
attempt to salvage equipment and
restart operation, file bankruptcy
0 days
Degraded operations, low service
levels
Too many SPOF
Best effort shifting of available
staff, temps
30 days before new
deliveries
None until on hard exhausted Single supplier relationship Search for alternatives supplier
30 days in 2 days out
No suppliers
No deliveries
Location, design of entrance None
0 hours/power
0 hours/water
Extrusion shuts down, lines cleaned,
waste collected and prepared for
grinder, IT non-existent
Single power feed, no generator or
backup water supply
None
4 hours No call center Mercy of vendor Being in-house
How Long Can You
Do Without?
Impact of Doing Without? Vulnerabilities?
Contingency in case of
a disaster?
Utilities
Equipment
(IT only)
Facility
Personnel
Transportation
System
Vendors
(Sourcing)
Raw Materials
We have given an
example of identifying
risk in the below
table, you can alter
the fields as per your
needs
Cost
› Budget Exceeded
› Unanticipated Expenditure
Resources
› Team is under-resourced
› Materials shortage
› Machinery unavailable
› Industrial Action
› Skills gap
Environmental
› Bad weather results in re-work
› Weather delays progress
› Adverse environmental effects occur
› Environmental approvals not
complied with
Time
› Schedule overruns
› Tasks omitted from Schedule
› Opportunity to compress
Schedule
Communication
› Poor communication
(Stakeholder dissatisfaction)
› Positive & timely
communications (positive
publicity)
Scope
› Scope creep
› Scope poorly defined
› Project changes poorly managed
Risk Identification (2/2)
19
Identify
Risks
This is another way of
identifying the types of risk
associated with a project
basis different types of
factors like cost, time,
resources etc. You can list
down the risk associated
with all/ some of these
factors as per your
requirements
Low High
1 3 5 R
Show
stopper
High
5
5 15 25 O
Significant
risk
3
3 9 15 Y
Proceed
with caution
Low
1
1 3 5 G No concern
Risk Assessment
20
› Major uncertainties remain
› No or little prior experience or data
› Infrastructure and/or resources not in place
› Some uncertainties remain
› Some experience and data exist
› Infrastructure in place but under-resourced
› Few uncertainties remain
› Significant experience and data exist
› Infrastructure in place and fully
› Performance, quality, cost or safety impacts
resulting in major redesign and program delay
› Performance, quality, cost and/or safety impacts
resulting in minor redesign and schedule
adjustment
› Performance, quality, cost and safety requirements
met within planned schedule
High (5)
Medium (3)
Low (1)
Probability Impact Impact
Risk Rating Guide
Consequences Likelihood of Occurrence Likelihood of detection
1. No. direct effect on operating service level
2. Minor deterioration in operating service level
3. Definite reduction in operating service level
4. Source deterioration in operating service level
5. Operating service level approaches zero
E. Probability of once in many years
D. Probability of once in many operating months
C. Probability of once in some operating weeks
B. Probability of weekly occurrence
A. Probability of daily occurrence
A. Detectability is very high
B. Considerable warning of failure before occurrence
C. Some warning of failure before occurrence
D. Little warning of failure before occurrence
E. Detectability is effectively zero
Risk Scoring System
We have listed the
framework for
assessing the risk
level. You can use the
same for risk
assessment
Risk Assessment (contd..)
21
Insignificant Minor Moderate Major Catastrophic
Consequences
Likelihood 1 2 3 4 5
- - - - -
A. Almost Certain
- - - - -
B. Likely
- - - - -
C. Possible
- - - - -
D. Unlikely
E. Rare - - - - -
Extreme Risk
Immediate Action where senior
management get involved
High Risk
Management responsibility should
be specified
Moderate Risk
Managed by specific
responsible person
Low Risk
Managed by
routine process
Risk Scoring Results
On the basis of the
framework, you can
obtain the risk score
and determine its
likelihood of
occurrence
Risk Analysis – Simplified Format
22
10 10 100
8 9 72
9 6 54
7 7 49
4 8 32
2 10 20
New operating system may be unstable
Communication problems over system issues
We may not have the right requirements
Requirements may change late in the cycle
Database software may arrive late
Key people might leave
Likelihood of Risk
Item Occurring
Impact to
Project if Risk
Item Does Occur
Priority
(Likelihood *
Impact)
Risk Items (Potential Future Problems Derived
from Brainstorming)
Below is the simple
version of analysing the
risk level on the basis of
the mentioned
parameters. You can
alter these values &
parameters as per your
requirements
Risk Analysis- Complex
23
Min Maj Crit Ext
Almost Certain S(A4) S(A3) H(A2) H(A1)
Likely M(B4) S(B3) H(B2) H(B1)
Possible L(C4) M(C3) S(C2) S(C1)
Unlikely Rare L (D4) M(D3) M(D2) S(D1)
Step 1: Consider
What is the consequence of the hazard occurring. Consider
what is the most possible consequence with respect to work
Extreme
Critical
Major
Minor
Regulatory
Non compliance
Major non
compliance
Warning
Minor non
compliance
Safety at work
Sickness
Casualty
First aid
Medical treatment
Step 3: Calculation Risk
1. Take Step 1 rating and select correct column
2. 2. Take Step 2 rating and select correct row
3. 3. Use the risk score where the two ratings cross on the
matrix below.
H = High, S = Serious, M = Medium, L = Low
Step 2: Consider Likelihood
What is the likelihood of the hazard consequences occurring
in Step1
Almost Is expected to occur in most
Certain Circumstances (once per year)
Likely Will probably occur once (every 5 year)
Possible Event might occur at some time (10years)
Unlikely/
Rare
Event expected to occur only in
exceptional circumstances (20+ years)
Likelihood
Description of Risk
Risk Analysis
C L Risk Rating
Control Measures
(Detail any existing Controls) C L Risk Rating
Risk Analysis(with additional controls)
Additional Control
(Detail additional to be
implemented Controls)
Below is a complex version
of analysing the risk level.
We have listed the steps to
be followed in calculating
the risk and its certainty.
Using these steps you can
estimate the risk level
associated with your
project/ company.
Risk Response plan
24
Responding to Risk
Negative
Risk
Positive
Risk
Exploit
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Enhance
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Share
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Accept
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Avoid
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Mitigate
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Transfer
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Accept
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There are many ways in
which you can respond to
the risk levels. We have
listed down below both the
negative & positive risk
response ways. You can
choose any as per your
requirements.
Risk Response Matrix (1/2)
25
Mitigate: Test prototype Work around until help
comes
Not solved within 24 hours John
Mitigate: Test prototype
Reinstall OS Still frozen after one hour Louise
Mitigate: Test
Demonstration Increase Staff Support Call from top management Helen
Mitigate: Select Reliable
Vendor
Transfer: Warranty
Order replacement Equipment fails Tom
Interface
Problems
User
backlash
System
Freezing
Hardware
malfunctioning
Risk Event Response
Contingency
Plan
Trigger
Who is
responsible
Once you estimate the risk
and plan the response.
The next step is to prepare
a detailed response matrix
stating the contingency
plan, its duration and the
person responsible.
Risk Response Matrix (2/2)
26
Probability
Avoid
Transfer
Retain
Retain
Design
Changes
Different Site
Conditions
Labor
Productivity
Weather Delays
Unrealistic
Schedule
Defective Work
Equipment
Failure
Labor dispute
/ Strike
0 10 20 30 40 50
20
40
60
80
100
You can also show the
risk response with the
help of graph
showcasing the
probability of risk and
the risk response
associated with the
same.
Risk Control Matrix
27
Key
Process
Number
Process
Risk
Number
Risk
Control
Objective
Control
Number
Control
Description
Control
Owner
Process
Narrative
Control
Category
Control
type
Primary
Secondary
Control
Frequency
Design
Assessment
Prepare a risk control
matrix to have a close tap
on the risk related
measures you have
intended to take. The
below table helps you to
keep a log of the control
measures you have
decided to take to manage
the risk levels.
Risk Tracker (1/2)
28
ID Description of Risk Impact
Risk
Response
High Level Risk Owner Notes
1 Your Text Here
2 Your Text Here
3 Your Text Here
4
5
6
7
8
9
10
11
12
Below is the template
which could be used
to track the risk
factors and how we
are planning to
overcome the same
Risk Item Tracking (2/2)
29
1 2 4
2 3 3
3 1 2
4 4 3
5 5 3
Inadequate Planning
Poor Definition of Scope
Absence of leadership
Poor Cost Estimates
Poor time Estimates
Risk Items
Working on revising the entire project plan
Holding meetings with project customer
and sponsor to clarify scope
Just assigned a new project manager to
lead the project after old one quit
Revisiting cost estimates
Revisiting schedule estimates
Risk Resolution
This Month Last Month
Number of
months
Monthly Ranking
Below is the template
which could be used
to track the risk
factors and the
progress we have
made so far.
Tools & Practices
30
Risk Impact Analysis
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Probability & Impact Assessment
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Risk Mitigation Strategies
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Qualitative Analysis
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Quantitative Analysis
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audience's attention.
Risk Impact and Probability Analysis
31
Manageable by exchange
against Internal budgets
Increases threaten viability
of project
Require some additional
funding from Institution
Requires Significant
additional funding from
Institution
Requires Significant
reallocation of Institutional
funds (or borrowing)
Slight slippage against
internal targets
Delay jeopardises viability
of project
Slight slippage against key
milestones or published
targets
Deley affects key
stakeholders – loss of
confidence in the project
Failure to meet key
deadlines in relation to
academic year or strategic
plan
Slight reduction in
quality/scope, no overall
impact
Project outcomes effectively
unusable
Failure to include certain
‘nice to have’ elements
Significant elements of
scope for functionality will be
unavailable.
Failure to meet the needs of
a large proportion of
stakeholders
Cost Time Quality
Very
Low
Very
High
Low
Medium
High
Impact
Impact analysis is a tool
the assess the level of risk
on the project/ company.
We have listed down three
broad criteria's and the risk
impact associated with
them. You can alter them
as per your requirements.
Risk Impact & Probability Analysis
32
Impact
Assessment
Schedule Cost Performance
Probability of
risk occurring
3
Large slip to key milestone
of contractual importance
Large increases in total
cost
Major shortfall in
operational performance >50%
1
Small slip to an internal
milestone
Small increase in total cost
Minor shortfall in
operational performance,
which does not impact
upon the customer
5-10%
0 No impact on schedule No increase in total cost
No impact on operational
performance <5%
2
Small slip to key milestone
of contractual importance
Significant increase in total
cost
Minor shortfall in
operational performance,
which impacts upon the
customer
5-10%
Impact & probability
analysis is another tool to
assess the level of risk on
the project/ company. We
have listed down three
broad criteria's and the risk
impact as well as
probability associated with
them. You can alter them
as per your requirements.
Risk Mitigation Strategies
33
Emphaisize team support and avoid stand-
alone project Structure
Increase the frequency of project monitoring Increase the frequency of project monitoring
Increase project manager authority
Improve problem handling and communication
Improve communication, project goals
understanding, and team support Select the most experienced project manager
Increase the frequency of project monitoring
Increase project manager authority
Technical Risks Cost Risks Schedule Risks
This strategy is used to
reduce the adverse effects
of risk. We have listed
down the three categories
of risk and also the
strategies to be opted to
manage the risk levels.
You can alter these as per
your requirements.
Risk Mitigation Plan
34
Client
Management
Miscommunication with sponsor/ client
regarding project requirement and
expectations
Update client more frequently along the way with
project progress
Server
Server is down which causes project to
be slightly delayed due to application not
able to load
Perform periodical check on server status
Technical
Popular web browsers or bootstrap may
get an update that will discontinue
support for features used in our
development as we using responsive
bootstrap. This will lead to changes in
development plan and will delay our
progress
Monitor any updates on popular web browser
and / or bootstrap and make sure all UI design
works as intended on updated web browsers or
responsive bootstrap
Category Identified Risk Mitigation Plan
Once you decide on the
risk mitigation strategy then
you plan to implement the
same. Below is the table
wherein you can list down
the risk identified and the
mitigation plan to curb the
same.
Qualitative Risk Analysis
35
(81-100)%
Low
Risk
Moderate
Risk
High
Risk
Extreme Risk Extreme Risk
(61-80)% Minimum Risk
Low
Risk
Moderate
Risk
High
Risk
Extreme Risk
(41-60)% Minimum Risk
Low
Risk
Moderate
Risk
High
Risk
High
Risk
(21-40)% Minimum Risk
Low
Risk
Low
Risk
Moderate
Risk
High
Risk
(1-20)% Minimum Risk Minimum Risk
Low
Risk
Moderate
Risk
High
Risk
Impact 1 2 3 4 5
Probability Negligible Minor Moderate Significant Severe
Each threat and opportunity will be further looked at for quality of data available and the risk ratings imparted
Project Risk (Threat and Opportunity) Matrix
Any Risk with a probability of over 80% will be treated as a fact and will be addressed in the Project Management Plan and not in Risk management. Risk
Threshold( which risks move forward) in the process and which one will be
This technique helps in
assessing the probability of
risk event occurring and its
relative impact if it does
occur. Using the table
below you can assess the
risk level associated with
the project.
Quantitative Risk Analysis
36
Cost Risk
Insufficient
funds to support
the bid
ABC 5/31 Cost High .80 4 3.20
Find a partner
to help share
costs
Borrow money
from the bank
or investor to
fund the effort
Schedule Risk
Insufficient
resources to
complete work
on time
BMC 6/1 Sched. Low .55 4 2.20
Borrow
additional
proposal staff
from another
division
Hire additional
proposal staff or
consultants
Risk Score = Probability * Impact
Risk Score values are between 1-4 (with 4 being the highest risk) or
red, yellow, green, blue.
Risk Probability values are between 0.1 (Remote Chance) – 1.0
(Certain)
Risk Impact values are between 1 (insignificant) - 4 (Unable to meet
objectives)
Risk Title &
Description
Resp
Due
Date
Cat. Rating Prob. Impact
Total
Score
Mitigation
Actions
Contingenc
y Plan
This technique uses
numeric or quantitative
rating to assess the risk
level. We have considered
two categories of risk and
calculated the risk level
associated with them. You
can alter these categories
and values as per your
need.
37
Coffee
Break
(11:00- 11:30)
This is a representative image, and should
be replaced by your own image. Just right
click and replace image.
38
Charts &
Graphs
Clustered Bar
39
0 10 20 30 40 50 60 70 80 90 100
Q1
Q2
Q3
Q4
Unit Count
Product 1 Product 2 Product 3
This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”.
39
40
40
This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”.
0
5
10
15
20
25
30
35
02-05-2017
07-05-2017
12-05-2017
16-05-2017
22-05-2017
Radar
Chart
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Product 1
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Product 2
41
0
10
20
30
40
50
60
70
80
FY' 11 FY' 12 FY' 13 FY' 14 FY' 15 FY' 16 FY' 17 FY' 18
Sales
in
percentage(%)
Financial years
Product 1 Product 2
This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”.
42
Additional
Slides
Our Mission
43
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Mission
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Vision
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Goal
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Value
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Risk Management Module Powerpoint Presentation Slides

  • 2. Content 2 Risk Management Lifecycle › Your text here › Your text here Introduction › Risk Management- Introduced › Types of Risk › Risk Categories › Identify Risk Categories Procedure for managing the Risk › Risk Planning › Risk Identification › Risk Assessment › Risk Monitoring › Risk Tracking Stakeholders Engagement › Risk Appetite › Risk Tolerance Tools & Practices › Risk Impact Analysis › Impact &Probability Analysis › Risk Mitigation Strategies › Qualitative Analysis › Quantitative Analysis
  • 3. Risk Management Lifecycle 3 Develop Risk Management Plan Risk Management Close-Out Risk Management Lifecycle This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
  • 4. Introduction 4 Risk Management- Introduction Types of Risk Risk Categories Identify Risk Categories This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
  • 5. Risk Management- Introduction 5 R e s o u r c e s Assessment of Risks Identification of Risks Prioritization of Risks Minimize Monitor Control Realization of Opportunities Probability and/or impact of unfortunate events Maximize This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
  • 6. Types of Risks (1/2) 6 External Risks Internal Risks Strategic Operational Enablers Governance Strategic Planning Ethics & Values Stakeholder Relations Demand Regulatory Economical Socio- Political Environment Access to Services Processes Business Interruption Emergency Response People Financial Technology Infrastructure Listed below are various types of internal and external risks. You can add/ delete the risk types as per your requirements
  • 7. Types of Risks (2/2) 7 Operational Financial Hazard Strategic › Cost Overrun › Operational Controls › Poor Capacity management › Supply Chain Issues › Employee Issues incl.fraud › Bribery and Corruption › Regulation › Commodity prices › Demand Shortfall › Customer retention › Integration problems › Pricing pressure › Regulation › R & D › Industry or sector downturn › JV or partner losses › Debt and interest rates › Poor Financial management › Asset losses › Goodwill and amortization › Accounting problems › Macroeconomic › Political Issues › Legal Issues › Terrorism › Natural disasters This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Below are four broad categories of risk and the various factors associated with the same. You can modify them as per your needs
  • 8. Risk Categories 8 Product Design Product Performance Design Your text here Your text here Your text here System/ Software Data Accuracy Security Your text here Your text here Your text here Manufacturing Assembly Tools Your text here Your text here Your text here All Other Consumer service Environment Your text here Your text here Your text here Project Management Team work Product cost Your text here Your text here Your text here Quality Quality system Sigma Levels Your text here Your text here Your text here
  • 9. Profitable Growth Low Price Develop New product Leverage Technology Identify the Risk Categories 9 Risk Score by Risk Category Risk level Risk Category Financial Financial Operational Operational Strategic Strategic Risk Sub Category Funding Capacity Capacity Availability Customer Retention Demand Shortfall Likelihood 2 3 3 4 5 5
  • 10. Stakeholder Engagement 10 RISK Stakeholders Risk Appetite This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Risk Tolerance This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
  • 11. Stakeholders Risk Appetite 11 Likelihood Impact Within Risk Appetite Exceeding Risk Appetite Low Medium High Low Medium High Forming Risk Appetite This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Obtain an estimate of the risk appetite of the shareholders with the help of the below bar graph. This will help in assessing the acceptable risk level
  • 12. Insignificant increase <10% cost increase 10- 20% cost increase 20- 25% cost increase > 25% cost increase Insignificant fall in schedule <7% schedule slippage 7-10% schedule slippage 10-15% schedule slippage 15-20% schedule slippage Insignificant scope decrease Minor areas of scope affected Major areas of scope affected Reduction unacceptable Project end item is useless Barely noticeable degradation Only demanding applications are affected Reduction requires approval Reduction unacceptable Project end item is unusable Risk Tolerance (1/2) 12 Very Low Very High Ordinal Scale (example) 0.7 0.2 0.1 0.9 0.5 Cardinal Scale (example) Cost Schedule Scope Quality Low Moderate High Estimate the Risk tolerance level of the stakeholders on the basis of the below mentioned criteria. You can modify these as per your requirements
  • 13. Risk Tolerance (2/2) 13 Likelihood Impact Business continuity problems Supplier default Loss of key partnerships IT problems Poor project management Product or service quality Loss of key managers Below is a heat map showing the risk tolerance limit of the stakeholders, where the redline shows the boundary between risks that are acceptable & those that are not
  • 14. Procedure 14 Risk Planning This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Risk Register This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Risk Identification This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Risk Tracking This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Risk Monitoring This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Risk Assessment This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
  • 15. Risk Management Plan 15 Strategic risk Performance Deterioration Proper assessment of underlying strategies 2 Detailed understanding of the market Your text here 31/4/2018 John Smith Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Your text here Type of Risk Outcome Existing risk treatment actions in place Rating Additional Resources Target Date Person Responsible Proposed risk treatment actions to mitigate risk Below is the template to list down the plan to manage the types of risks expected by the company
  • 16. Risk Register 16 Type of Risk Description of Risk H M L Risk Reduction Strategy Contingency plans Risk Owner Probability Impact Perf. Cost Time Maintain a risk register to keep a close track of all the risks faced by the company and their impact on the company performance
  • 17. Risk Identification (1/2) 17 Terminate Treat Tolerate Consequences Likelihood Transfer 0 This graph shows the likelihood and impact of risk on the company and the strategy which the company might opt to mange the risk. You can alter this as per your
  • 18. Risk Identification- Example 18 5 days After five days no way to schedule production or track orders No UPS/ generator., MD hardware, SPOF SME Use paper reports for 5 days then go manual for as many members as possible 0 days No production, potential for bankruptcy, IT non- existent Metal building, flood zone, poor maintenance, no perimeter security , door lock broken Look for warehouse space, attempt to salvage equipment and restart operation, file bankruptcy 0 days Degraded operations, low service levels Too many SPOF Best effort shifting of available staff, temps 30 days before new deliveries None until on hard exhausted Single supplier relationship Search for alternatives supplier 30 days in 2 days out No suppliers No deliveries Location, design of entrance None 0 hours/power 0 hours/water Extrusion shuts down, lines cleaned, waste collected and prepared for grinder, IT non-existent Single power feed, no generator or backup water supply None 4 hours No call center Mercy of vendor Being in-house How Long Can You Do Without? Impact of Doing Without? Vulnerabilities? Contingency in case of a disaster? Utilities Equipment (IT only) Facility Personnel Transportation System Vendors (Sourcing) Raw Materials We have given an example of identifying risk in the below table, you can alter the fields as per your needs
  • 19. Cost › Budget Exceeded › Unanticipated Expenditure Resources › Team is under-resourced › Materials shortage › Machinery unavailable › Industrial Action › Skills gap Environmental › Bad weather results in re-work › Weather delays progress › Adverse environmental effects occur › Environmental approvals not complied with Time › Schedule overruns › Tasks omitted from Schedule › Opportunity to compress Schedule Communication › Poor communication (Stakeholder dissatisfaction) › Positive & timely communications (positive publicity) Scope › Scope creep › Scope poorly defined › Project changes poorly managed Risk Identification (2/2) 19 Identify Risks This is another way of identifying the types of risk associated with a project basis different types of factors like cost, time, resources etc. You can list down the risk associated with all/ some of these factors as per your requirements
  • 20. Low High 1 3 5 R Show stopper High 5 5 15 25 O Significant risk 3 3 9 15 Y Proceed with caution Low 1 1 3 5 G No concern Risk Assessment 20 › Major uncertainties remain › No or little prior experience or data › Infrastructure and/or resources not in place › Some uncertainties remain › Some experience and data exist › Infrastructure in place but under-resourced › Few uncertainties remain › Significant experience and data exist › Infrastructure in place and fully › Performance, quality, cost or safety impacts resulting in major redesign and program delay › Performance, quality, cost and/or safety impacts resulting in minor redesign and schedule adjustment › Performance, quality, cost and safety requirements met within planned schedule High (5) Medium (3) Low (1) Probability Impact Impact Risk Rating Guide Consequences Likelihood of Occurrence Likelihood of detection 1. No. direct effect on operating service level 2. Minor deterioration in operating service level 3. Definite reduction in operating service level 4. Source deterioration in operating service level 5. Operating service level approaches zero E. Probability of once in many years D. Probability of once in many operating months C. Probability of once in some operating weeks B. Probability of weekly occurrence A. Probability of daily occurrence A. Detectability is very high B. Considerable warning of failure before occurrence C. Some warning of failure before occurrence D. Little warning of failure before occurrence E. Detectability is effectively zero Risk Scoring System We have listed the framework for assessing the risk level. You can use the same for risk assessment
  • 21. Risk Assessment (contd..) 21 Insignificant Minor Moderate Major Catastrophic Consequences Likelihood 1 2 3 4 5 - - - - - A. Almost Certain - - - - - B. Likely - - - - - C. Possible - - - - - D. Unlikely E. Rare - - - - - Extreme Risk Immediate Action where senior management get involved High Risk Management responsibility should be specified Moderate Risk Managed by specific responsible person Low Risk Managed by routine process Risk Scoring Results On the basis of the framework, you can obtain the risk score and determine its likelihood of occurrence
  • 22. Risk Analysis – Simplified Format 22 10 10 100 8 9 72 9 6 54 7 7 49 4 8 32 2 10 20 New operating system may be unstable Communication problems over system issues We may not have the right requirements Requirements may change late in the cycle Database software may arrive late Key people might leave Likelihood of Risk Item Occurring Impact to Project if Risk Item Does Occur Priority (Likelihood * Impact) Risk Items (Potential Future Problems Derived from Brainstorming) Below is the simple version of analysing the risk level on the basis of the mentioned parameters. You can alter these values & parameters as per your requirements
  • 23. Risk Analysis- Complex 23 Min Maj Crit Ext Almost Certain S(A4) S(A3) H(A2) H(A1) Likely M(B4) S(B3) H(B2) H(B1) Possible L(C4) M(C3) S(C2) S(C1) Unlikely Rare L (D4) M(D3) M(D2) S(D1) Step 1: Consider What is the consequence of the hazard occurring. Consider what is the most possible consequence with respect to work Extreme Critical Major Minor Regulatory Non compliance Major non compliance Warning Minor non compliance Safety at work Sickness Casualty First aid Medical treatment Step 3: Calculation Risk 1. Take Step 1 rating and select correct column 2. 2. Take Step 2 rating and select correct row 3. 3. Use the risk score where the two ratings cross on the matrix below. H = High, S = Serious, M = Medium, L = Low Step 2: Consider Likelihood What is the likelihood of the hazard consequences occurring in Step1 Almost Is expected to occur in most Certain Circumstances (once per year) Likely Will probably occur once (every 5 year) Possible Event might occur at some time (10years) Unlikely/ Rare Event expected to occur only in exceptional circumstances (20+ years) Likelihood Description of Risk Risk Analysis C L Risk Rating Control Measures (Detail any existing Controls) C L Risk Rating Risk Analysis(with additional controls) Additional Control (Detail additional to be implemented Controls) Below is a complex version of analysing the risk level. We have listed the steps to be followed in calculating the risk and its certainty. Using these steps you can estimate the risk level associated with your project/ company.
  • 24. Risk Response plan 24 Responding to Risk Negative Risk Positive Risk Exploit This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Enhance This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Share This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Accept This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Avoid This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Mitigate This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Transfer This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Accept This slide is 100% editable. Adapt it to your needs and capture your audience's attention. There are many ways in which you can respond to the risk levels. We have listed down below both the negative & positive risk response ways. You can choose any as per your requirements.
  • 25. Risk Response Matrix (1/2) 25 Mitigate: Test prototype Work around until help comes Not solved within 24 hours John Mitigate: Test prototype Reinstall OS Still frozen after one hour Louise Mitigate: Test Demonstration Increase Staff Support Call from top management Helen Mitigate: Select Reliable Vendor Transfer: Warranty Order replacement Equipment fails Tom Interface Problems User backlash System Freezing Hardware malfunctioning Risk Event Response Contingency Plan Trigger Who is responsible Once you estimate the risk and plan the response. The next step is to prepare a detailed response matrix stating the contingency plan, its duration and the person responsible.
  • 26. Risk Response Matrix (2/2) 26 Probability Avoid Transfer Retain Retain Design Changes Different Site Conditions Labor Productivity Weather Delays Unrealistic Schedule Defective Work Equipment Failure Labor dispute / Strike 0 10 20 30 40 50 20 40 60 80 100 You can also show the risk response with the help of graph showcasing the probability of risk and the risk response associated with the same.
  • 27. Risk Control Matrix 27 Key Process Number Process Risk Number Risk Control Objective Control Number Control Description Control Owner Process Narrative Control Category Control type Primary Secondary Control Frequency Design Assessment Prepare a risk control matrix to have a close tap on the risk related measures you have intended to take. The below table helps you to keep a log of the control measures you have decided to take to manage the risk levels.
  • 28. Risk Tracker (1/2) 28 ID Description of Risk Impact Risk Response High Level Risk Owner Notes 1 Your Text Here 2 Your Text Here 3 Your Text Here 4 5 6 7 8 9 10 11 12 Below is the template which could be used to track the risk factors and how we are planning to overcome the same
  • 29. Risk Item Tracking (2/2) 29 1 2 4 2 3 3 3 1 2 4 4 3 5 5 3 Inadequate Planning Poor Definition of Scope Absence of leadership Poor Cost Estimates Poor time Estimates Risk Items Working on revising the entire project plan Holding meetings with project customer and sponsor to clarify scope Just assigned a new project manager to lead the project after old one quit Revisiting cost estimates Revisiting schedule estimates Risk Resolution This Month Last Month Number of months Monthly Ranking Below is the template which could be used to track the risk factors and the progress we have made so far.
  • 30. Tools & Practices 30 Risk Impact Analysis This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Probability & Impact Assessment This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Risk Mitigation Strategies This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Qualitative Analysis This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Quantitative Analysis This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
  • 31. Risk Impact and Probability Analysis 31 Manageable by exchange against Internal budgets Increases threaten viability of project Require some additional funding from Institution Requires Significant additional funding from Institution Requires Significant reallocation of Institutional funds (or borrowing) Slight slippage against internal targets Delay jeopardises viability of project Slight slippage against key milestones or published targets Deley affects key stakeholders – loss of confidence in the project Failure to meet key deadlines in relation to academic year or strategic plan Slight reduction in quality/scope, no overall impact Project outcomes effectively unusable Failure to include certain ‘nice to have’ elements Significant elements of scope for functionality will be unavailable. Failure to meet the needs of a large proportion of stakeholders Cost Time Quality Very Low Very High Low Medium High Impact Impact analysis is a tool the assess the level of risk on the project/ company. We have listed down three broad criteria's and the risk impact associated with them. You can alter them as per your requirements.
  • 32. Risk Impact & Probability Analysis 32 Impact Assessment Schedule Cost Performance Probability of risk occurring 3 Large slip to key milestone of contractual importance Large increases in total cost Major shortfall in operational performance >50% 1 Small slip to an internal milestone Small increase in total cost Minor shortfall in operational performance, which does not impact upon the customer 5-10% 0 No impact on schedule No increase in total cost No impact on operational performance <5% 2 Small slip to key milestone of contractual importance Significant increase in total cost Minor shortfall in operational performance, which impacts upon the customer 5-10% Impact & probability analysis is another tool to assess the level of risk on the project/ company. We have listed down three broad criteria's and the risk impact as well as probability associated with them. You can alter them as per your requirements.
  • 33. Risk Mitigation Strategies 33 Emphaisize team support and avoid stand- alone project Structure Increase the frequency of project monitoring Increase the frequency of project monitoring Increase project manager authority Improve problem handling and communication Improve communication, project goals understanding, and team support Select the most experienced project manager Increase the frequency of project monitoring Increase project manager authority Technical Risks Cost Risks Schedule Risks This strategy is used to reduce the adverse effects of risk. We have listed down the three categories of risk and also the strategies to be opted to manage the risk levels. You can alter these as per your requirements.
  • 34. Risk Mitigation Plan 34 Client Management Miscommunication with sponsor/ client regarding project requirement and expectations Update client more frequently along the way with project progress Server Server is down which causes project to be slightly delayed due to application not able to load Perform periodical check on server status Technical Popular web browsers or bootstrap may get an update that will discontinue support for features used in our development as we using responsive bootstrap. This will lead to changes in development plan and will delay our progress Monitor any updates on popular web browser and / or bootstrap and make sure all UI design works as intended on updated web browsers or responsive bootstrap Category Identified Risk Mitigation Plan Once you decide on the risk mitigation strategy then you plan to implement the same. Below is the table wherein you can list down the risk identified and the mitigation plan to curb the same.
  • 35. Qualitative Risk Analysis 35 (81-100)% Low Risk Moderate Risk High Risk Extreme Risk Extreme Risk (61-80)% Minimum Risk Low Risk Moderate Risk High Risk Extreme Risk (41-60)% Minimum Risk Low Risk Moderate Risk High Risk High Risk (21-40)% Minimum Risk Low Risk Low Risk Moderate Risk High Risk (1-20)% Minimum Risk Minimum Risk Low Risk Moderate Risk High Risk Impact 1 2 3 4 5 Probability Negligible Minor Moderate Significant Severe Each threat and opportunity will be further looked at for quality of data available and the risk ratings imparted Project Risk (Threat and Opportunity) Matrix Any Risk with a probability of over 80% will be treated as a fact and will be addressed in the Project Management Plan and not in Risk management. Risk Threshold( which risks move forward) in the process and which one will be This technique helps in assessing the probability of risk event occurring and its relative impact if it does occur. Using the table below you can assess the risk level associated with the project.
  • 36. Quantitative Risk Analysis 36 Cost Risk Insufficient funds to support the bid ABC 5/31 Cost High .80 4 3.20 Find a partner to help share costs Borrow money from the bank or investor to fund the effort Schedule Risk Insufficient resources to complete work on time BMC 6/1 Sched. Low .55 4 2.20 Borrow additional proposal staff from another division Hire additional proposal staff or consultants Risk Score = Probability * Impact Risk Score values are between 1-4 (with 4 being the highest risk) or red, yellow, green, blue. Risk Probability values are between 0.1 (Remote Chance) – 1.0 (Certain) Risk Impact values are between 1 (insignificant) - 4 (Unable to meet objectives) Risk Title & Description Resp Due Date Cat. Rating Prob. Impact Total Score Mitigation Actions Contingenc y Plan This technique uses numeric or quantitative rating to assess the risk level. We have considered two categories of risk and calculated the risk level associated with them. You can alter these categories and values as per your need.
  • 37. 37 Coffee Break (11:00- 11:30) This is a representative image, and should be replaced by your own image. Just right click and replace image.
  • 39. Clustered Bar 39 0 10 20 30 40 50 60 70 80 90 100 Q1 Q2 Q3 Q4 Unit Count Product 1 Product 2 Product 3 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 39
  • 40. 40 40 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 0 5 10 15 20 25 30 35 02-05-2017 07-05-2017 12-05-2017 16-05-2017 22-05-2017 Radar Chart This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Product 1 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Product 2
  • 41. 41 0 10 20 30 40 50 60 70 80 FY' 11 FY' 12 FY' 13 FY' 14 FY' 15 FY' 16 FY' 17 FY' 18 Sales in percentage(%) Financial years Product 1 Product 2 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”.
  • 43. Our Mission 43 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Mission This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Vision This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Goal This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Value 01 02 03 04
  • 44. 44 Our Team Name Here Name Here Name Here Designation This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Designation This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Designation This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
  • 45. 45 Target audiences This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Preferred by many This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Value client This slide is 100% editable. Adapt it to your needs and capture your audience's attention. About Us
  • 46. 46 Facebook Twitter LinkedIn 70% 54% 65% Comparison › This slide is 100% editable. Adapt it to your needs and capture your audience's attention. › This slide is 100% editable. Adapt it to your needs and capture your audience's attention. › This slide is 100% editable. Adapt it to your needs and capture your audience's attention. › This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
  • 47. Financial 47 Maximum This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Medium This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Minimum This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 45% 75% 95%
  • 48. Location 48 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Population 50% 80% CANADA USA Population 90% 50% This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
  • 49. 49 Quotes - Bill Gates Patience is a key element of SUCCESS.
  • 50. Our Goal 50 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 03 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 02 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 01
  • 51. Venn 51 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 30% 50% 20%
  • 52. 52 Bulb or Idea › This slide is 100% editable. Adapt it to your needs and capture your audience's attention. › This slide is 100% editable. Adapt it to your needs and capture your audience's attention. › This slide is 100% editable. Adapt it to your needs and capture your audience's attention. › This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
  • 53. 53 Magnifying Glass › This slide is 100% editable. Adapt it to your needs and capture your audience's attention. › This slide is 100% editable. Adapt it to your needs and capture your audience's attention. › This slide is 100% editable. Adapt it to your needs and capture your audience's attention. › This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
  • 54. Thank You Address: # street number, city, state Email Address: emailaddress123@gmail.com Contact numbers: 0123456789 54