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 © R...
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
...
Develop a Response

Create strategies for reducing the
possible damage or the probability
that the risk will occur

Copyri...
Establish Reserves
Set aside additional funding for the
project that will be used in case of
specific risks- the known ris...
Continuous Risk Management
Implement the strategies and monitor
the effects of these changes on the
project. Risk strategi...
Murphy's risk
management law
The art of identifying risks begins with a
critical attitude. Because we're trying
to find pr...
4 project management  risk management
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4 project management risk management

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RLabs Project Management Presentation

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4 project management risk management

  1. 1. Copyright © RLabs 2013
  2. 2. Copyright © RLabs 2013
  3. 3. Copyright © RLabs 2013
  4. 4. Copyright © RLabs 2013
  5. 5. Copyright © RLabs 2013
  6. 6. Defining Risk Management Copyright © RLabs 2013
  7. 7. Analyze & Prioritize Identify Risk Establish Reserves Develop Response Plans Continuous Risk Management Copyright © RLabs 2013
  8. 8. Identify Risks Systematically find all the factors that threaten project objectives Copyright © RLabs 2013
  9. 9. 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
  10. 10. Develop a Response Create strategies for reducing the possible damage or the probability that the risk will occur Copyright © RLabs 2013
  11. 11. 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
  12. 12. 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
  13. 13. 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

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