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Managing Risk Attitude
Working with various stakeholders risk profiles
Frédéric Casagrande, PMP
Director, Program Management Office
Interoute
Prague, June 10th 2008
Agenda
• Introduction
• The Project
• The Recovery
• The Risk Profiles Matrix
• The Result
• Q&A
Introduction
• What simple tools can you use when
your company has no Project Risk
Management capabilities?
• Corporate example: A company
integration Project, where the PMO
has been brought into half way
through execution
The Project
• A paneuropean telecommunication
provider has bought an ISP with
hosting and security capabilities in
October 2005
• Integration started as a « network &
CRM migration », with a limited
scope identified and no Project
Manager assigned
The Project
• People in charge of the integration
program were running one single big
« status report meeting » on a
regular basis, with *all* involved
(and identified) stakeholders
• Stakeholders from all areas were
pushing for the project to stop…
The Recovery
• In July 2007, a PMO has been
created to improve Interoute’s
maturity in Project and Program
Management
• The PMO then started to get involved
in the recovery of a large, complex,
transformational program: the
integration of the ISP…
The Recovery
The PMO focused on the Stakeholders:
– Scope Definition & Clarification
• 1.5 years after the launch…
– Breakdown of the communication
• in smaller Groups
– Continuous Stakeholder Identification
• Definition of Risk Profiles
• Identification of all Stakeholders Risk
Profiles…
The Risk Profiles Matrix
• Grading the Risk Profiles
– Highly Risk Averse (Red)
– Moderately Risk Averse (Orange)
– Moderately Risk Tolerant (Yellow)
– Highly Risk Tolerant (Green)
The Risk Profiles Matrix
• Assigning a Risk Profile to a
Stakeholder group:
– You need to build a relevant
questionnaire
– You need to spend time with your
stakeholders
– You need to ensure both the
questionnaire, the matrix, and the
classification evolve over time
The Risk Profiles Matrix
• Mapping the Risk Profiles
– Assign a Risk Profile to each stakeholder
group
– Develop a behaviour (more than « just
a process ») for each Risk Profile
ALL RISK PROFILES NEED ATTENTION
STAKEHOLDERS MAY CHANGE PROFILE
The Risk Profiles Matrix
Finance Operations IT/IS Sales
Germany
Highly
Averse
Moderately
Tolerant
N/A
Moderately
Averse
Netherlands
Moderately
Averse
Moderately
Tolerant
N/A
Moderately
Tolerant
Czech
Republic
Moderately
Averse
Highly
Tolerant
Moderately
Tolerant
N/A
The Result
• Stakeholders have recovered
confidence in the Project
• The scope has been managed
properly
• The Execution has continued
• The Program has been closed in April
2008
Questions
& Answers
Frédéric Casagrande
frederic@casagrande.la
http://casagrande.blogs.com

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Managing Risk Attitude

  • 1. Managing Risk Attitude Working with various stakeholders risk profiles Frédéric Casagrande, PMP Director, Program Management Office Interoute Prague, June 10th 2008
  • 2. Agenda • Introduction • The Project • The Recovery • The Risk Profiles Matrix • The Result • Q&A
  • 3. Introduction • What simple tools can you use when your company has no Project Risk Management capabilities? • Corporate example: A company integration Project, where the PMO has been brought into half way through execution
  • 4. The Project • A paneuropean telecommunication provider has bought an ISP with hosting and security capabilities in October 2005 • Integration started as a « network & CRM migration », with a limited scope identified and no Project Manager assigned
  • 5. The Project • People in charge of the integration program were running one single big « status report meeting » on a regular basis, with *all* involved (and identified) stakeholders • Stakeholders from all areas were pushing for the project to stop…
  • 6. The Recovery • In July 2007, a PMO has been created to improve Interoute’s maturity in Project and Program Management • The PMO then started to get involved in the recovery of a large, complex, transformational program: the integration of the ISP…
  • 7. The Recovery The PMO focused on the Stakeholders: – Scope Definition & Clarification • 1.5 years after the launch… – Breakdown of the communication • in smaller Groups – Continuous Stakeholder Identification • Definition of Risk Profiles • Identification of all Stakeholders Risk Profiles…
  • 8. The Risk Profiles Matrix • Grading the Risk Profiles – Highly Risk Averse (Red) – Moderately Risk Averse (Orange) – Moderately Risk Tolerant (Yellow) – Highly Risk Tolerant (Green)
  • 9. The Risk Profiles Matrix • Assigning a Risk Profile to a Stakeholder group: – You need to build a relevant questionnaire – You need to spend time with your stakeholders – You need to ensure both the questionnaire, the matrix, and the classification evolve over time
  • 10. The Risk Profiles Matrix • Mapping the Risk Profiles – Assign a Risk Profile to each stakeholder group – Develop a behaviour (more than « just a process ») for each Risk Profile ALL RISK PROFILES NEED ATTENTION STAKEHOLDERS MAY CHANGE PROFILE
  • 11. The Risk Profiles Matrix Finance Operations IT/IS Sales Germany Highly Averse Moderately Tolerant N/A Moderately Averse Netherlands Moderately Averse Moderately Tolerant N/A Moderately Tolerant Czech Republic Moderately Averse Highly Tolerant Moderately Tolerant N/A
  • 12. The Result • Stakeholders have recovered confidence in the Project • The scope has been managed properly • The Execution has continued • The Program has been closed in April 2008