4. 1. The Key Concepts, Foundation, and Terminology For Project Risk Management.
2. The Critical Success Factors For Project Risk Management.
3. The project Risk Management application and implementation Processes .
o Risk Preparation (Risk management Plan)
o Risk Identification (Data Gathering –Create RBS – Create Risk Register)
o Risk Assessment and Evaluation (Qualitative Risk analysis ‐ Setting Priorities)
o Risk Response (Risk Response Strategy for threats & opportunities)
o Risk Monitoring and Reporting (Audits ‐ Risk Review meeting – Risk KPIs – identification
lessons learned data base)
4. Practical Case Study.
5. What is the key Benefits For Project Risk Management.
Kindly Saving your Time
Session Agenda
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6. Key Concepts For Project Risk Management
• What is the Project Risk Definition:
It`s An Uncertain Event Or Condition That, If It Occurs, has a Positive Or a Negative Effect On a Project’s Objectives.
ﻣﻌﻬﺎ ﺍﻟﺗﻌﺎﻣﻝ ﺃﻭﻟﻭﻳﺔ ﻟﺗﺭﺗﻳﺏ ﻁﺭﻳﻘﺔ ﺇﻳﺟﺎﺩ ﻣﻥ ﻻﺑﺩ ﻟﺫﻟﻙ ،ﺍﻟﺧﻁﻭﺭﻩ ﻣﻥ ﺍﻟﻘﺩﺭ ﺑﻧﻔﺱ ﺍﻟﻣﺧﺎﻁﺭ ﺟﻣﻳﻊ ﻟﻳﺳﺕ.
ﺍﻟﻣﺗﻭﻗﻌﺔ ﺍﻟﻧﻘﺩﻳﺔ ﺍﻟﻘﻳﻣﺔ=ﺍﻹﺣﺗﻣﺎﻟﻳﺔX ﺍﻟﺗﺎﺛﻳﺭ
Expected Monetary Value (EMV) = Probability (P) X Impact (I)
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8. Key Concepts For Project Risk Management
• The Objectives Of Project Risk Management:
Are To Increase The Probability And / Or Impact Of Positive Risks (Opportunities) And To Decrease The
Probability And / Or Impact Of Negative Risks (Threats), In Order To Optimize The Chances Of Project Success.
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9. Key Concepts For Project Risk Management
• In The Early Stages Of a Project, The Level Of Risk Exposure Is at Its Maximum But Information On The Project Risks Is at a Minimum.
•ﻲ ﻓﻲ ﺍﻻﻭﻟ ﻝ ﺍﻟﻣﺭﺍﺣﺭﻭﻉ ﻟﻠﻣﺷﺎﻁﺭ ﻟﻠﻣﺧ ﺭﺽ ﺍﻟﺗﻌ ﺔ ﺩﺭﺟ
ﺑﺗﻛﻭﻥﻲﺍﻋﻠﻭ ﻥﻳﻣﻛ ﺎﻣﺎﺕﺍﻟﻣﻌﻠﻭﻣﺎﻁﺍﻟﻣﺧ ﻥﻋ ﻭﻓﺭﺓﺍﻟﻣﺗﺭ
ﺍﻗﻝﻳﻣﻛﻥ ﻣﺎ.W
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10. Key Concepts For Project Risk Management
The Difference Between Risk and Issue
Risk
Managed Proactively
Issue
Managed Reactively
ﺇﺳﺗﺑﺎﻗﻳﺔ ﺑﻁﺭﻳﻘﺔ ﺗﺩﺍﺭ ﺍﻟﻣﺧﺎﻁﺭﺗﻔﺎﻋﻠﻲ ﺑﻁﺭﻳﻘﺔ ﺗﺩﺍﺭ ﺍﻟﻣﺷﺎﻛﻝ
)ﻓﻌﻝ ﺭﺩﺕ(
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11. Key Concepts For Project Risk Management
Risk Statement ‐ Meta Language
In order for all risks to be clearly defined, a standard structure for the way in which the risk is described should
be specified and applied. A typical such statement is: (Causes >> Event>> Effects)
Because of >> one or more causes Risk Event>> Might occur which would lead to >> One or more Effects
ﺍﻟﻣﺷﺭﻭﻉ ﺩﺍﺧﻝ ﻣﺎ ﺗﺎﺛﻳﺭ ﺣﺩﻭﺙ ﺇﻟﻲ ﺍﻟﺧﻁﺭ ﻫﺫﺍ ﺳﻳﻘﻭﺩ ﺧﻁﺭ ﻭﻗﻊ ﺍﻟﻰ ﺳﻳﻘﻭﺩ ﺭﺑﻣﺎ ﺳﺑﺏ ﻭﺟﻭﺩ ﻣﻥ ﻻﺑﺩﺍﻟﻣﺷﺭﻭﻉ ﺩﺍﺧﻝ ﻣﺎ ﺗﺎﺛﻳﺭ ﺣﺩﻭﺙ ﺇﻟﻲ ﺍﻟﺧﻁﺭ ﻫﺫﺍ ﺳﻳﻘﻭﺩ ﺧﻁﺭ ﻭﻗﻊ ﺍﻟﻰ ﺳﻳﻘﻭﺩ ﺭﺑﻣﺎ ﺳﺑﺏ ﻭﺟﻭﺩ ﻣﻥ ﻻﺑﺩ
ﻣﺛﺎﻝ:-
،ﻭﻡﻧﻳ ﺔﻣﻧﻁﻘ ﻲﻓ ﻳﺎﺣﻲﺳ ﺩﻕﻓﻧ ﺎءﺇﻧﺷ ﺭﻭﻉﻣﺷ ﺩﻳﻧﺎﻟﺩﻳﻧﺎﻭﻟﻋﺟﻲﻓ ﺯ
ﻰ ﺍﻟ ﺯ ﺍﻟﻌﺟ ﺫﺍ ﻫ ﻳﺅﺩﻱ ﺳ ،ﺎﻫﺭﺓ ﺍﻟﻣ ﺔ ﺍﻟﻌﻣﺎﻟﺩﻭﻝ ﺍﻟﺟ ﻰ ﻓ ﺄﺧﻳﺭ ﺗ ﺩﻭﺙ ﺣ
ﺍﻟﺯﻣﻧﻲﺷﻬﺭﻳﻥ ﻣﺩﺗﻪ.
ﻣﺛﺎﻝ:-
،ﻭﻡﻧﻳ ﺔﻣﻧﻁﻘ ﻲﻓ ﻳﺎﺣﻲﺳ ﻓﻧﺩﻕ ﺇﻧﺷﺎء ﻣﺷﺭﻭﻉ ﻟﺩﻳﻧﺎﻋ ﺑﺏﻭﺑﺳﻲﻓ ﺯﺟ
ﺍﻟﻣﺎﻫﺭﺓ ﺍﻟﻌﻣﺎﻟﺔﻫﻧﺎﻙﻋﺟﺯ ﻳﺣﺩﺙ ﺭﺑﻣﺎﻓﻲ،ﺍﻟﻌﻣﻝﺯﺍﻟﻌﺟ ﻫﺫﺍ ﺳﻳﺅﺩﻱ
ﺍﻟﻰﺍﻟﺯﻣﻧﻲ ﺍﻟﺟﺩﻭﻝ ﻓﻰ ﺗﺄﺧﻳﺭ ﺣﺩﻭﺙﺷﻬﺭﻳﻥ ﻣﺩﺗﻪ.
Issue ﻣﺷﻛﻠﺔRisk ﺧﻁﺭ
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12. Key Concepts For Project Risk Management
Stakeholder Risk Attitudes
ﺍﻟﻣﺧﺎﻁﺭ ﻣﻊ ﺍﻟﺗﻌﺎﻣﻝ ﻓﻲ ﺍﻟﻣﺻﻠﺣﺔ ﺃﺻﺣﺎﺏ ﺇﺗﺟﺎﻫﺎﺕ
Risk Seeker:
Stakeholders Are Risk Seeking In Nature.
Risk Averse:
Stakeholders Who Does Not Take Risks
Risk Neutral:
Balanced Stakeholders Are Neither Risk
Averse Nor Risk Seeking.
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13. Key Concepts For Project Risk Management
Risk and Contract Types
ﺍﻟﻣﺧﺎﻁﺭ ﺩﺭﺟﺔ
ﺍﻟﺧﺩﻣﺔ ﻁﺎﻟﺑﻲ ﺍﻭ ﺍﻟﻣﺷﺗﺭﻱ
ﺩﺭﺟﺔﺍﻟﻣﺧﺎﻁﺭ
ﺍﻟﺧﺩﻣﺔ ﻣﻘﺩﻣﻲ ﺍﻭ ﺍﻟﺑﺎﺋﻊ
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14. ﺍﻟﻣﺧﺎﻁﺭ ﻹﺩﺍﺭﺓ ﺍﻟﺭﺋﻳﺳﻳﺔ ﺍﻟﻧﺟﺎﺡ ﻋﻭﺍﻣﻝ
The Critical Success Factors For Project Risk Management
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17. The Critical Success Factors For Project Risk Management
3. Open and Honest Communication ﺍﻟﺗﻭﺍﺻﻝ ﻋﻣﻠﻳﺔ ﻓﻰ ﻭﺍﻟﻧﺯﺍﻫﺔ ﺍﻟﺷﻔﺎﻓﻳﺔ
All stakeholders should be involved in the Project Risk Management
process. Any actions or attitudes that hinder communication about
project risk reduce the effectiveness of Project Risk Management in
terms of proactive approaches and effective decision‐making.
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18. The Critical Success Factors For Project Risk Management
4. Organizational Commitment ﺍﻟﻣﺅﺳﺳﺔ ﺇﻟﺗﺯﺍﻡ
Organizational commitment can only be established if
risk management is aligned with the organization’s goals and values.
Project Risk Management may require a higher level of managerial
support than other project management disciplines because
handling some of the risks will require approval of or responses from
others at levels above the project manager.
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19. The Critical Success Factors For Project Risk Management
5. Risk Effort Scaled to Project ﺍﻟﻣﺷﺭﻭﻉ ﺣﺟﻡ ﻣﻊ ﻭﺗﻧﺎﺳﺑﻬﺎ ﺍﻟﻣﺧﺎﻁﺭ ﺟﻬﻭﺩ
Project Risk Management activities should be consistent with the
value of the project to the organization and with its level of project
risk, its scale, and other organizational constraints. In particular, the
cost of Project Risk Management should be appropriate to its
potential value to the project and the organization.
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42. The Project Risk Management application and implementation Processes
Risk Monitoring and Reporting (Audits ‐ Risk Review meeting – Risk KPIs – identification lessons
learned data base)
Risk
Preparation
Risk
Identification
Risk
Assessment &
Evaluation
Risk
Response
Risk
Monitoring
1. Audits ﻟﻠﻣﺧﺎﻁﺭ ﺍﻹﺳﺗﺟﺎﺑﺔ ﺧﻁﻁ ﻭﺗﺄﺛﻳﺭ ﻓﺎﻋﻠﻳﺔ ﻣﺩﻱ ﻣﻥ ﺍﻟﺗﺣﻘﻖ
Implemented risk responses are effective
ﺑﺎﻟﻣﺷﺭﻭﻉ ﺍﻟﻔﺭﺩﻳﺔ ﺍﻟﻣﺧﺎﻁﺭ ﺩﺭﺟﺔ ﻓﻰ ﺍﻟﺗﻐﻳﻳﺭ ﻣﻌﺩﻝ
Level of individual Risk has changed
ﺍﻟﻣﺷﺭﻭﻉ ﺩﺍﺧﻝ ﺍﻟﻔﺭﺩﻳﺔ ﺍﻟﻣﺧﺎﻁﺭ ﻣﻥ ﺟﺩﻳﺩﺓ ﻅﻬﺭﻣﺟﻣﻭﻋﺔ ﻫﻝ
New individual project risks have arisen
ﺍﻟﻣﺧﺎﻁﺭ ﻋﻣﻠﻳﺎﺕ ﺇﺩﺍﺭﺓ ﺃﺳﻠﻭﺏ ﻓﺎﻋﻠﻳﺔ ﻣﺩﻱ
Risk management approach is still appropriate
ﻟﻺﺳﺗﺧﺩﺍ ﺻﺎﻟﺣﺔ ﻣﺎﺯﺍﻟﺕ ﺍﻟﻣﺷﺭﻭﻉ ﻭﺇﺳﺗﺭﺍﺗﻳﺟﻳﺎﺕ ﺍﻟﻣﺷﺭﻭﻉ ﻓﺭﺿﻳﺎﺕ ﻫﻝﻡ
Project assumptions and strategy are still valid
ﺍﻟﻣﺧﺎﻁﺭ ﺍﻧﺷﻁﺔ ﻣﻊ ﺍﻟﺗﻌﺎﻣﻝ ﻓﻰ ﺍﻟﺷﺭﻛﺔ ﻭﺇﺟﺭﺍءﺕ ﺳﻳﺎﺳﺎﺕ ﺇﺗﺑﺎﻉ ﺗﻡ ﻫﻝ
Risk management policies and procedures are being followed
ﺍﻟﻁﻭﺍﺭﻱ ﺍﺣﺗﻳﺎﻁﻲ ﻓﻲ ﺗﻌﺩﻳﻝ ﺍﻟﻰ ﺣﺎﺟﺔ ﻫﻧﺎﻙ ﻫﻝ)ﺍﻟﻭﻗﺕ-ﺍﻟﺗﻛﺎﻟﻳﻑ(
Contingency reserves for cost or schedule require modification
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43. The Project Risk Management application and implementation Processes
Risk Monitoring and Reporting (Audits ‐ Risk Review meeting – Risk KPIs – identification lessons
learned data base)
Risk
Preparation
Risk
Identification
Risk
Assessment &
Evaluation
Risk
Response
Risk
Monitoring
2. Risk Review Meetings May result:
• identification of new individual project risks.
• Reassessment of current risks.
• the closing of risks that are outdated.
• New issues that have arisen as the result of risks that have
occurred.
• identification of lessons learned to use in similar projects in the
future.
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46. The Key Benefits For Project Risk Management
Proactive rather than Reactive approach
ﺍﻟﻔﻌﻝ ﺭﺩﺕ ﻭﺇﺟﺭﺍء ﺍﻹﻧﺗﻅﺎﺭ ﻣﻥ ﺑﺩﻻ ﺇﺳﺗﺑﺎﻗﻳﺔ ﺑﻁﺭﻳﻘﺔ ﺍﻷﺣﺩﺍﺙ ﻣﻊ ﺍﻟﺗﻌﺎﻣﻝ
Prioritizes risks for Top Management to focuses efforts on high‐priority risks
ﺍﻷﻋﻠﻲ ﺍﻟﺗﺎﺛﻳﺭ ﺫﺍﺕ ﺍﻟﻣﺧﺎﻁﺭ ﻋﻠﻰ ﻟﻠﺗﺭﻛﻳﺯ ﺍﻷﻭﻟﻭﻳﺎﺕ ﺣﺳﺏ ﺍﻟﻣﺧﺎﻁﺭ ﺗﺭﺗﻳﺏ ﻓﻰ ﺍﻟﻌﻠﻳﺎ ﺍﻻﺩﺍﺭﺓ ﻣﺳﺎﻋﺩﺓ
The team remains focused (Forces the team to think collectively and collaboratively in mitigating risks,
proactively)
ﺍﻛﺛﺭ ﺍﻟﻔﺭﻳﻖ ﺟﻌﻝﻭﺍﻟﻌﻣﻝ ﺗﺭﻛﻳﺯﺍﻋﻠﻰﺍﻟﻣﺧﺎﻁﺭ ﺗﺧﻔﻳﻑ ﻓﻲ ﻭﺗﻌﺎﻭﻧﻲ ﺟﻣﺎﻋﻲ ﺑﺷﻛﻝ ﺍﻟﺗﻔﻛﻳﺭﺑﺎﺳﺗﺑﺎﻗﻳﺔ ﻭﺍﻟﻌﻣﻝ
Ensures that procurement and contract terms and conditions reflect the client’s risk appetite and project objectives; by contract types selection.
ﺃﻥ ﻣﻥ ﺍﻟﺗﺎﻛﺩ ﻋﻣﻠﻳﺔ ﻓﻰ ﺑﺗﺳﺎﻋﺩﻭﺃﺣﻛﺎﻡ ﺷﺭﻭﻁﺭﻏﺑﺎﺕ ﺗﻌﻛﺱ ﻭﺍﻟﻣﺷﺗﺭﻳﺎﺕ ﺍﻟﻌﻘﻭﺩﺍﻟﻌﻣﻳﻝﺍﻟﻣﺧﺎﻁﺭ؛ ﻣﻊ ﺍﻟﺗﻌﺎﻣﻝ ﻓﻲﺍﻟﻌﻘﺩ ﺃﻧﻭﺍﻉ ﺍﺧﺗﻳﺎﺭ ﻁﺭﻳﻖ ﻋﻥ.
There are fewer surprises (let the team spot concerns far earlier)
ﺍﻟﻣﻔﺎﺟﺂﺕ ﻣﻥ ﺍﻟﺗﻘﻠﻳﻝ-ﻣﺑﻛﺭ ﺑﺷﻛﻝ ﺗﺭﻛﻳﺯﺍ ﺍﻛﺛﺭ ﺍﻟﻔﺭﻳﻖ ﺟﻌﻝ
There’s better quality data for decision making
ﺍﻟﻘﺭﺍﺭﺍﺕ ﺻﻧﺎﻋﺔ ﻋﻠﻲ ﺗﺳﺎﻋﺩ ﺍﻟﺗﻲ ﺍﻟﺑﻳﺎﻧﺎﺕ ﻣﻥ ﻋﺎﻟﻳﺔ ﺩﻗﺔ ﻋﻠﻰ ﺍﻟﺣﺻﻭﻝ
Communication more effective (Good risk management elevates the conversation)
ﻭﻛﻔﺎءﺓ ﻓﺎﻋﻠﻳﺔ ﺍﻛﺛﺭ ﺍﻟﻔﺭﻳﻖ ﺑﻳﻥ ﺍﻟﺗﻭﺍﺻﻝ ﻋﻣﻠﻳﺔ ﺟﻌﻝ
Budgets and estimates rely less on guesswork (Overall this will lead to fewer cost and time overruns)
ﺍﻟﺗﺧﻣﻳﻥ ﻋﻥ ﺍﻻﻣﻛﺎﻥ ﻗﺩﺭ ﻭﺍﻟﺑﻌﺩ ﻭﺍﻟﻭﻗﺕ ﺍﻟﺗﻛﺎﻟﻳﻑ ﺗﻘﺩﻳﺭﺍﺕ ﺣﺳﺎﺏ ﻋﻣﻠﻳﺎﺕ ﻓﻲ ﺗﺣﺩﺙ ﺍﻟﺗﻲ ﺍﻟﺗﺟﺎﻭﺯﺍﺕ ﺗﻘﻠﻳﻝ ﻣﺣﺎﻭﻟﺕ
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47. If You Need any Further Comments Or Help Feel Free To
Contact With Me On:
@Waleed Elbasyouni
Thank You ﺟﺯﻳﻼ ﺷﻛﺭﺍ....
ﺃ ﺇﻻ ﺇﻟﻪ ﻻ ْﺃﻥ ُﺩْﻬﺷﺃ َﺩﻙْﻣَﺣﻭﺑ ّﻡُﻬﱠﻠﺍﻟ ﻙَﻧﺣﺎْﺑﺳَﺭﻙِﻔْﻐﺗْﺳﺃ ﺕْﻧ
ﻙْﻳﺇﻟ ُﻭﺏَﺗﺃَﻭW
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