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RLabs Project Management Presentation

RLabs Project Management Presentation

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4 project management  risk management 4 project management risk management Presentation Transcript

  • Copyright © RLabs 2013
  • Copyright © RLabs 2013
  • Copyright © RLabs 2013
  • Copyright © RLabs 2013
  • Copyright © RLabs 2013
  • Defining Risk Management Copyright © RLabs 2013
  • Analyze & Prioritize Identify Risk Establish Reserves Develop Response Plans Continuous Risk Management Copyright © RLabs 2013
  • Identify Risks Systematically find all the factors that threaten project objectives Copyright © RLabs 2013
  • Analyze & Prioritize Assess each risk in terms of its possible damage and likelihood of occurrence. Most projects have an enormous number of potential risks. Copyright © RLabs 2013
  • Develop a Response Create strategies for reducing the possible damage or the probability that the risk will occur Copyright © RLabs 2013
  • Establish Reserves Set aside additional funding for the project that will be used in case of specific risks- the known risks- occur, as well as funding for the unknown risks Copyright © RLabs 2013
  • Continuous Risk Management Implement the strategies and monitor the effects of these changes on the project. Risk strategies may require fine-tuning as they are put into effect. Copyright © RLabs 2013
  • Murphy's risk management law The art of identifying risks begins with a critical attitude. Because we're trying to find problems before they emerge, it's appropriate that "anything that can go wrong will go wrong". Copyright © RLabs 2013