5. BRYAN BARROW: BIO
• Former Chair of the APM’s
specific interest group (SIG)
on Risk Management
• Author of ‘The Project
Management Workshop Handbook’,
‘Stakeholder Management’ and
‘Project Definition’
• Creator of the ‘Index Card
Planning’ technique
6. TODAY’S AGENDA
• Why manage risk?
• 10 risk management mistakes
most people make
• The truth about ‘Black Swans’
• How to spot bad apples
• Why you need a realistic Plan A
• How to create Plan B, your risk
management plan
14. “The greatest IT risk facing
most companies is more
prosaic than a catastrophe.
It is, simply, overspending.”
Nicholas G. Carr,
Author and Commentator
15. “ THE AVERAGE
PROJECT
SCHEDULE OVERRUN
IS 70%”
SOURCE: HARVARD BUSINESS REVIEW (Sep 2011), “Why Your IT Project May Be Riskier Than You Think”
16. “ THE AVERAGE
PROJECT
COST OVERRUN IS
27%”
SOURCE: HARVARD BUSINESS REVIEW (Sep 2011), “Why Your IT Project May Be Riskier Than You Think”
17. “17%
OF PROJECTS HAD A
COST OVERRUN OF
200%”
SOURCE: HARVARD BUSINESS REVIEW (Sep 2011), “Why Your IT Project May Be Riskier Than You Think”
18. TOP 10 MISTAKES
• People Mistakes
• Process Mistakes
• Publicity Mistakes
19. PEOPLE MISTAKES
1. Not Involving your Team
2. Ignoring People Risks
3. Assuming the Worst Can’t
Happen
20. PROCESS MISTAKES
4. Not identifying specific
risks
5. No contingency planning
6. Mistaking risks for issues
7. Not looking for new risks
35. FOCUS ON TOP 10 RISKS
80% of
problems
issues and
delays
20%
of risks
36. REVIEW RISKS WEEKLY
10 mins
Step 5
Other
Business
10 mins
Step 1
Review
Actions
20 mins
Step 2
Review
Progress
10 mins
Step 3
Review
top 10
risks
10 mins
Step 4
Review
top 10
issues
38. THIS IS THE RESULT
Benefits Planned
Actual
costs
Costs to
manage risks Benefits
39. FOR MORE INFORMATION
Books (available on Amazon):
Services:
• Index Card Planning Training
• Project Kickoff Workshop Facilitation
visit http://bryanbarrow.com/
40. HOW TO TO CONNECT WITH ME
Bryan Barrow
CITP MAPM MBCS MPSA
Tel:
+(44) 7954 435456
Email:
bryan@bryanbarrow.com
Web:
bryanbarrow.com
Skype:
bryanbarrow
Twitter:
@bryanbarrow