SlideShare a Scribd company logo
Guidelines for RAID
Management
1
Risk
• Identify
them to
protect
yourself
Assumption
• Identify
them to
make
decisions
Issue
• Identify
them to
solve real
problems
Dependency
• Identify
them to
remove
impediments
2
WHY RAID
• Easy & Effective
• Structured way of Project Planning
• One Central Place rather than four different documents
• Catalogue for all the issues Identified throughout the Life Cycle of the Project
• Monitoring Tool for Impacts (Present & Future)
• Action Oriented & Endorsing Results
• Acts as Source of Accountability, Ownership & Responsibility
**Keep your log Up to Date
3
CONTENTS
• RAID
• Risk Management Across Products
• Assumption Management Across Products
• Issue Management Across Products
• Dependency Management Across Products
• Types of Dependency Relationships
RAID (Risk, Assumption, Issue, Dependency)
4
RAID
TO BE TRACKED
(Possible Project Factors)
TO BE MANAGED
(Existing, known Project Factors)THREATSRELIANCES
Dependency exists when an
output from one piece of
work or project is needed as
mandatory input for another
project or piece of work
Anything which arises on your project
which you have to deal with in order to
ensure your project runs smoothly. Issue
differs from risks in that they exist as a
problem today unlike risks which might turn
into issues in the future
Specific event which might occur and thus
have a positive or negative impact on your
project. Each risk will have probability
associated of occurrence along with an
impact on your project if it does
materialize
Something we set as true to
enable us to proceed with our
project. Typically this happens
during the planning and
estimation phase of the
project
RISK ISSUE
ASSUMPTION DEPENDENCY
Risk Management Across Products
5
• Mitigate
• Contingent
• Update
Register
• Risk Impact
• Probability
• Identify Risk
• Record Risk
REGISTER EVALUATE
RESPONDCLOSE
Risk Management is a continual process, not an independent event
Assumption Management Across Products
6
Identify &
Challenge
Assess Incorporate Control Review
Activities
• Examine & verify
assumptions to get
as close to certainty
as possible
• Evaluate
assumptions from a
long term
perspective.
• Impact of incorrect
assumptions must
be determined.
• Incorporate
assumptions into
the relevant portion
of project plan.
• Track and monitor
assumptions
throughout the
project to ensure
the constant state of
readiness.
• Review assumptions
as part of ‘post
project’ review
process to evaluate
all steps taken for
identification,
assessment,
incorporation and
control.
Assumption Management has a huge impact on decision making
Issue Management Across Products
7
Issue Management is all about solving real problems
Identification
Analysis
EvaluationAction
Monitor
&
Review
Research
Judgement &
Priority setting
Strategy
SelectionImplementation
Performance
Evaluation
Dependency Management Across Products
Identify Agree Plan Validate
Monitor
& Control
Activities
• Identify dependency
during Project
Planning
• Facilitate in
identifying External
& Internal
Dependencies
• Host a workshop
with your team and
decide what and
when do you need
from external
• Contact the External
party
• Ensure they
understand what
and when you need.
• If they are able to
deliver Great! If not
negotiate
• Write down what
has been agreed.
• Record each
dependencies as
miles stones and
give a reference
number for unique
identification.
• Make sure that
dependency is
linked into the rest
of schedule so if
does slip impact
would be known.
• Have a baseline date
• Manage the series
of dependencies and
their impacts on
project
• Rate according to
the impact they
could have
• Monitor it on a
regular basis
• Contact the external
party if they are still
on track to deliver
the dependency on
agreed date
8
Communication
Types of Dependency Relationships
9
Type Examples Descriptions
Finish to Start(FS) The dependent task (B) cannot begin
until the task that it depends on (A) is
complete.
Start to Start (SS) The dependent task (B) cannot begin
until the task that it depends on (A)
begins.
Finish to Finish (FF) The dependent task (B) cannot be
completed until the task that it depends
on (A) is completed.
Start to Finish (SF) The dependent task (B) cannot be
completed until the task that it depends
on (A) begins.
A
B
A
B
A
B
A
B
10

More Related Content

What's hot

Agile Kanban
Agile KanbanAgile Kanban
Agile Kanban
Ragavendra Prasath
 
Agile Project management
Agile Project managementAgile Project management
Agile Project management
Babu Appat
 
Another Scrum Cheat Sheet (great one pager)
Another Scrum Cheat Sheet (great one pager)Another Scrum Cheat Sheet (great one pager)
Another Scrum Cheat Sheet (great one pager)
CollectiveKnowledge
 
PMI-RMP Exam Prep Presentation
PMI-RMP Exam Prep PresentationPMI-RMP Exam Prep Presentation
PMI-RMP Exam Prep Presentation
scottdreynolds
 
Project Risk Management
Project Risk ManagementProject Risk Management
Project Risk Management
Mauro Jasse
 
Scrum In Ten Slides (v2.0) 2018
Scrum In Ten Slides (v2.0) 2018Scrum In Ten Slides (v2.0) 2018
Scrum In Ten Slides (v2.0) 2018
pmengal
 
Project Planning Implementation Timeline Powerpoint Layout
Project Planning Implementation Timeline Powerpoint LayoutProject Planning Implementation Timeline Powerpoint Layout
Project Planning Implementation Timeline Powerpoint Layout
SlideTeam
 
Definition of Done and Product Backlog refinement
Definition of Done and Product Backlog refinementDefinition of Done and Product Backlog refinement
Definition of Done and Product Backlog refinement
Christian Vos
 
Project scope management 1
Project scope management 1Project scope management 1
Project scope management 1
Mohammad Ashraf Khan, PMP
 
Agile Scrum Quick Reference Card
Agile Scrum Quick Reference CardAgile Scrum Quick Reference Card
Agile Scrum Quick Reference Card
Techcanvass
 
Agile Waterfall - Advantages & Disadvantages
Agile Waterfall - Advantages & DisadvantagesAgile Waterfall - Advantages & Disadvantages
Agile Waterfall - Advantages & Disadvantages
Amit Agrawal
 
Template kick off-meeting
Template kick off-meeting Template kick off-meeting
Template kick off-meeting
Hari Krishna
 
Scrum guide presentation (Scrum Guide in easy to read PPT format)
Scrum guide presentation (Scrum Guide in easy to read PPT format)Scrum guide presentation (Scrum Guide in easy to read PPT format)
Scrum guide presentation (Scrum Guide in easy to read PPT format)
Aloke Bhattacharya
 
Agile estimation
Agile estimationAgile estimation
Agile estimation
Stephen Forte
 
Agile project management PMI-ACP
Agile project management PMI-ACPAgile project management PMI-ACP
Agile project management PMI-ACP
EVOLVE for Instructors Materials
 
Lightening Talk: definition of ready
Lightening Talk: definition of readyLightening Talk: definition of ready
Lightening Talk: definition of ready
Agileee
 
Prioritization Techniques for Agile Teams
Prioritization Techniques for Agile TeamsPrioritization Techniques for Agile Teams
Prioritization Techniques for Agile Teams
Tarang Baxi
 
Estimation and Velocity - Scrum Framework
Estimation and Velocity - Scrum FrameworkEstimation and Velocity - Scrum Framework
Estimation and Velocity - Scrum Framework
Upekha Vandebona
 
Agile-overview: Agile Manifesto, Agile principles and Agile Methodologies
Agile-overview: Agile Manifesto, Agile principles and Agile MethodologiesAgile-overview: Agile Manifesto, Agile principles and Agile Methodologies
Agile-overview: Agile Manifesto, Agile principles and Agile Methodologies
Balaji Sathram
 
Scrum In 15 Minutes
Scrum In 15 MinutesScrum In 15 Minutes
Scrum In 15 Minutes
Srikanth Shreenivas
 

What's hot (20)

Agile Kanban
Agile KanbanAgile Kanban
Agile Kanban
 
Agile Project management
Agile Project managementAgile Project management
Agile Project management
 
Another Scrum Cheat Sheet (great one pager)
Another Scrum Cheat Sheet (great one pager)Another Scrum Cheat Sheet (great one pager)
Another Scrum Cheat Sheet (great one pager)
 
PMI-RMP Exam Prep Presentation
PMI-RMP Exam Prep PresentationPMI-RMP Exam Prep Presentation
PMI-RMP Exam Prep Presentation
 
Project Risk Management
Project Risk ManagementProject Risk Management
Project Risk Management
 
Scrum In Ten Slides (v2.0) 2018
Scrum In Ten Slides (v2.0) 2018Scrum In Ten Slides (v2.0) 2018
Scrum In Ten Slides (v2.0) 2018
 
Project Planning Implementation Timeline Powerpoint Layout
Project Planning Implementation Timeline Powerpoint LayoutProject Planning Implementation Timeline Powerpoint Layout
Project Planning Implementation Timeline Powerpoint Layout
 
Definition of Done and Product Backlog refinement
Definition of Done and Product Backlog refinementDefinition of Done and Product Backlog refinement
Definition of Done and Product Backlog refinement
 
Project scope management 1
Project scope management 1Project scope management 1
Project scope management 1
 
Agile Scrum Quick Reference Card
Agile Scrum Quick Reference CardAgile Scrum Quick Reference Card
Agile Scrum Quick Reference Card
 
Agile Waterfall - Advantages & Disadvantages
Agile Waterfall - Advantages & DisadvantagesAgile Waterfall - Advantages & Disadvantages
Agile Waterfall - Advantages & Disadvantages
 
Template kick off-meeting
Template kick off-meeting Template kick off-meeting
Template kick off-meeting
 
Scrum guide presentation (Scrum Guide in easy to read PPT format)
Scrum guide presentation (Scrum Guide in easy to read PPT format)Scrum guide presentation (Scrum Guide in easy to read PPT format)
Scrum guide presentation (Scrum Guide in easy to read PPT format)
 
Agile estimation
Agile estimationAgile estimation
Agile estimation
 
Agile project management PMI-ACP
Agile project management PMI-ACPAgile project management PMI-ACP
Agile project management PMI-ACP
 
Lightening Talk: definition of ready
Lightening Talk: definition of readyLightening Talk: definition of ready
Lightening Talk: definition of ready
 
Prioritization Techniques for Agile Teams
Prioritization Techniques for Agile TeamsPrioritization Techniques for Agile Teams
Prioritization Techniques for Agile Teams
 
Estimation and Velocity - Scrum Framework
Estimation and Velocity - Scrum FrameworkEstimation and Velocity - Scrum Framework
Estimation and Velocity - Scrum Framework
 
Agile-overview: Agile Manifesto, Agile principles and Agile Methodologies
Agile-overview: Agile Manifesto, Agile principles and Agile MethodologiesAgile-overview: Agile Manifesto, Agile principles and Agile Methodologies
Agile-overview: Agile Manifesto, Agile principles and Agile Methodologies
 
Scrum In 15 Minutes
Scrum In 15 MinutesScrum In 15 Minutes
Scrum In 15 Minutes
 

Viewers also liked

Cloud pmo beta (17)
Cloud pmo beta (17)Cloud pmo beta (17)
Cloud pmo beta (17)
Synapse Information Ltd
 
Raid based approach for efficient project management in a pragmatic way towar...
Raid based approach for efficient project management in a pragmatic way towar...Raid based approach for efficient project management in a pragmatic way towar...
Raid based approach for efficient project management in a pragmatic way towar...
Phanindra Kishore
 
Architecture Design Decisions and Group Decision Making
Architecture Design Decisions and Group Decision MakingArchitecture Design Decisions and Group Decision Making
Architecture Design Decisions and Group Decision Making
Henry Muccini
 
5 activities to manage project dependencies
5 activities to manage project dependencies5 activities to manage project dependencies
5 activities to manage project dependencies
PM Majik
 
Why is Raid a Problem for Data At Scale?
Why is Raid a Problem for Data At Scale?Why is Raid a Problem for Data At Scale?
Why is Raid a Problem for Data At Scale?
Western Digital
 
SOA – Benefits and Risks
SOA – Benefits and RisksSOA – Benefits and Risks
SOA – Benefits and Risks
ESUG
 
Développez votre présence digitale !
Développez votre présence digitale !Développez votre présence digitale !
Développez votre présence digitale !
the bureau, digital agency
 
Building Effective Dasboards
Building Effective DasboardsBuilding Effective Dasboards
Building Effective Dasboards
buffsupnorth
 
Braineet (ENG)
Braineet (ENG)Braineet (ENG)
Braineet (ENG)
Braineet
 
SOA in banking issues and remedies
SOA in banking   issues and remediesSOA in banking   issues and remedies
SOA in banking issues and remedies
Debajani Mohanty
 
Designing microservices
Designing microservicesDesigning microservices
Designing microservices
Masashi Narumoto
 
Communicating agile project status to executive managers
Communicating agile project status to executive managersCommunicating agile project status to executive managers
Communicating agile project status to executive managers
AgileDad
 
TOGAF® & Major IT Frameworks - Architecting the Family
TOGAF® & Major IT Frameworks - Architecting the FamilyTOGAF® & Major IT Frameworks - Architecting the Family
TOGAF® & Major IT Frameworks - Architecting the Family
Danny Greefhorst
 
MicroServices at Netflix - challenges of scale
MicroServices at Netflix - challenges of scaleMicroServices at Netflix - challenges of scale
MicroServices at Netflix - challenges of scale
Sudhir Tonse
 
portfolio2016_8hX11_small
portfolio2016_8hX11_smallportfolio2016_8hX11_small
portfolio2016_8hX11_small
Sam Franz
 
№1 правила поведінки
№1 правила поведінки№1 правила поведінки
№1 правила поведінки
Iren50
 
Tracy Project Pictures1
Tracy Project Pictures1Tracy Project Pictures1
Tracy Project Pictures1
Tracy-Ann Clarke Morgan
 

Viewers also liked (17)

Cloud pmo beta (17)
Cloud pmo beta (17)Cloud pmo beta (17)
Cloud pmo beta (17)
 
Raid based approach for efficient project management in a pragmatic way towar...
Raid based approach for efficient project management in a pragmatic way towar...Raid based approach for efficient project management in a pragmatic way towar...
Raid based approach for efficient project management in a pragmatic way towar...
 
Architecture Design Decisions and Group Decision Making
Architecture Design Decisions and Group Decision MakingArchitecture Design Decisions and Group Decision Making
Architecture Design Decisions and Group Decision Making
 
5 activities to manage project dependencies
5 activities to manage project dependencies5 activities to manage project dependencies
5 activities to manage project dependencies
 
Why is Raid a Problem for Data At Scale?
Why is Raid a Problem for Data At Scale?Why is Raid a Problem for Data At Scale?
Why is Raid a Problem for Data At Scale?
 
SOA – Benefits and Risks
SOA – Benefits and RisksSOA – Benefits and Risks
SOA – Benefits and Risks
 
Développez votre présence digitale !
Développez votre présence digitale !Développez votre présence digitale !
Développez votre présence digitale !
 
Building Effective Dasboards
Building Effective DasboardsBuilding Effective Dasboards
Building Effective Dasboards
 
Braineet (ENG)
Braineet (ENG)Braineet (ENG)
Braineet (ENG)
 
SOA in banking issues and remedies
SOA in banking   issues and remediesSOA in banking   issues and remedies
SOA in banking issues and remedies
 
Designing microservices
Designing microservicesDesigning microservices
Designing microservices
 
Communicating agile project status to executive managers
Communicating agile project status to executive managersCommunicating agile project status to executive managers
Communicating agile project status to executive managers
 
TOGAF® & Major IT Frameworks - Architecting the Family
TOGAF® & Major IT Frameworks - Architecting the FamilyTOGAF® & Major IT Frameworks - Architecting the Family
TOGAF® & Major IT Frameworks - Architecting the Family
 
MicroServices at Netflix - challenges of scale
MicroServices at Netflix - challenges of scaleMicroServices at Netflix - challenges of scale
MicroServices at Netflix - challenges of scale
 
portfolio2016_8hX11_small
portfolio2016_8hX11_smallportfolio2016_8hX11_small
portfolio2016_8hX11_small
 
№1 правила поведінки
№1 правила поведінки№1 правила поведінки
№1 правила поведінки
 
Tracy Project Pictures1
Tracy Project Pictures1Tracy Project Pictures1
Tracy Project Pictures1
 

Similar to Guide for RAID Management

7 Themes of Prince2
7 Themes of Prince27 Themes of Prince2
7 Themes of Prince2
Barry Hodge
 
APM Practitioner Qualification revision cards
APM Practitioner Qualification revision cardsAPM Practitioner Qualification revision cards
APM Practitioner Qualification revision cards
Jacobs Engineering
 
Logical frameworks
Logical frameworksLogical frameworks
Logical frameworks
Moamen Abu Nada
 
Project planning and control
Project planning and controlProject planning and control
Project planning and control
Venugopal Venkatachalapathy
 
Design & Development Procedure (Automotive)
Design & Development Procedure (Automotive)Design & Development Procedure (Automotive)
Design & Development Procedure (Automotive)
Rahul137054
 
Rescuing and Reviving Troubled Software Projects
Rescuing and Reviving Troubled Software ProjectsRescuing and Reviving Troubled Software Projects
Rescuing and Reviving Troubled Software Projects
Barry Curry
 
Req.Management & Analysis.pptx
Req.Management & Analysis.pptxReq.Management & Analysis.pptx
Req.Management & Analysis.pptx
KYaghi1
 
2015 ISACA NACACS - Audit as Controls Factory
2015 ISACA NACACS - Audit as Controls Factory2015 ISACA NACACS - Audit as Controls Factory
2015 ISACA NACACS - Audit as Controls Factory
Nathan Anderson
 
Value-Driven-Delivery
Value-Driven-DeliveryValue-Driven-Delivery
Value-Driven-Delivery
Ram Awadh Prasad, PMP
 
The art of execution
The art of executionThe art of execution
The art of execution
Crystal Taggart
 
Data-driven product decisions
Data-driven product decisionsData-driven product decisions
Data-driven product decisions
Luis Orozco
 
Project Planning and Development Intro.pptx
Project Planning and Development Intro.pptxProject Planning and Development Intro.pptx
Project Planning and Development Intro.pptx
Jo Balucanag - Bitonio
 
02.pptx
02.pptx02.pptx
02.pptx
Maryam522887
 
MPA-209-Intro 1st Sem 2023
MPA-209-Intro 1st Sem 2023MPA-209-Intro 1st Sem 2023
MPA-209-Intro 1st Sem 2023
Jo Balucanag - Bitonio
 
Projects2016_Franks_Top10ReasonsProjectsFail
Projects2016_Franks_Top10ReasonsProjectsFailProjects2016_Franks_Top10ReasonsProjectsFail
Projects2016_Franks_Top10ReasonsProjectsFail
Barbara Franks
 
Enterprise PMO Dependency and Risk Management
Enterprise PMO Dependency and Risk ManagementEnterprise PMO Dependency and Risk Management
Enterprise PMO Dependency and Risk Management
Lenny Shields
 
Internal Audits and Other Tactics to Improve Your EHS Program
Internal Audits and Other Tactics to Improve Your EHS ProgramInternal Audits and Other Tactics to Improve Your EHS Program
Internal Audits and Other Tactics to Improve Your EHS Program
Triumvirate Environmental
 
Top Tips for a Successful Traceability System Implemention Paula Peterson 2015
Top Tips for a Successful Traceability System Implemention Paula Peterson 2015Top Tips for a Successful Traceability System Implemention Paula Peterson 2015
Top Tips for a Successful Traceability System Implemention Paula Peterson 2015
Paula Peterson
 
Top tips for a successful traceability system implemention paula peterson 2015
Top tips for a successful traceability system implemention paula peterson 2015Top tips for a successful traceability system implemention paula peterson 2015
Top tips for a successful traceability system implemention paula peterson 2015
Paula Peterson
 
Eric Naiburg (Scrum.org)
Eric Naiburg (Scrum.org)Eric Naiburg (Scrum.org)
Eric Naiburg (Scrum.org)
AgileNZ Conference
 

Similar to Guide for RAID Management (20)

7 Themes of Prince2
7 Themes of Prince27 Themes of Prince2
7 Themes of Prince2
 
APM Practitioner Qualification revision cards
APM Practitioner Qualification revision cardsAPM Practitioner Qualification revision cards
APM Practitioner Qualification revision cards
 
Logical frameworks
Logical frameworksLogical frameworks
Logical frameworks
 
Project planning and control
Project planning and controlProject planning and control
Project planning and control
 
Design & Development Procedure (Automotive)
Design & Development Procedure (Automotive)Design & Development Procedure (Automotive)
Design & Development Procedure (Automotive)
 
Rescuing and Reviving Troubled Software Projects
Rescuing and Reviving Troubled Software ProjectsRescuing and Reviving Troubled Software Projects
Rescuing and Reviving Troubled Software Projects
 
Req.Management & Analysis.pptx
Req.Management & Analysis.pptxReq.Management & Analysis.pptx
Req.Management & Analysis.pptx
 
2015 ISACA NACACS - Audit as Controls Factory
2015 ISACA NACACS - Audit as Controls Factory2015 ISACA NACACS - Audit as Controls Factory
2015 ISACA NACACS - Audit as Controls Factory
 
Value-Driven-Delivery
Value-Driven-DeliveryValue-Driven-Delivery
Value-Driven-Delivery
 
The art of execution
The art of executionThe art of execution
The art of execution
 
Data-driven product decisions
Data-driven product decisionsData-driven product decisions
Data-driven product decisions
 
Project Planning and Development Intro.pptx
Project Planning and Development Intro.pptxProject Planning and Development Intro.pptx
Project Planning and Development Intro.pptx
 
02.pptx
02.pptx02.pptx
02.pptx
 
MPA-209-Intro 1st Sem 2023
MPA-209-Intro 1st Sem 2023MPA-209-Intro 1st Sem 2023
MPA-209-Intro 1st Sem 2023
 
Projects2016_Franks_Top10ReasonsProjectsFail
Projects2016_Franks_Top10ReasonsProjectsFailProjects2016_Franks_Top10ReasonsProjectsFail
Projects2016_Franks_Top10ReasonsProjectsFail
 
Enterprise PMO Dependency and Risk Management
Enterprise PMO Dependency and Risk ManagementEnterprise PMO Dependency and Risk Management
Enterprise PMO Dependency and Risk Management
 
Internal Audits and Other Tactics to Improve Your EHS Program
Internal Audits and Other Tactics to Improve Your EHS ProgramInternal Audits and Other Tactics to Improve Your EHS Program
Internal Audits and Other Tactics to Improve Your EHS Program
 
Top Tips for a Successful Traceability System Implemention Paula Peterson 2015
Top Tips for a Successful Traceability System Implemention Paula Peterson 2015Top Tips for a Successful Traceability System Implemention Paula Peterson 2015
Top Tips for a Successful Traceability System Implemention Paula Peterson 2015
 
Top tips for a successful traceability system implemention paula peterson 2015
Top tips for a successful traceability system implemention paula peterson 2015Top tips for a successful traceability system implemention paula peterson 2015
Top tips for a successful traceability system implemention paula peterson 2015
 
Eric Naiburg (Scrum.org)
Eric Naiburg (Scrum.org)Eric Naiburg (Scrum.org)
Eric Naiburg (Scrum.org)
 

Recently uploaded

Maximize Your Efficiency with This Comprehensive Project Management Platform ...
Maximize Your Efficiency with This Comprehensive Project Management Platform ...Maximize Your Efficiency with This Comprehensive Project Management Platform ...
Maximize Your Efficiency with This Comprehensive Project Management Platform ...
SOFTTECHHUB
 
m249-saw PMI To familiarize the soldier with the M249 Squad Automatic Weapon ...
m249-saw PMI To familiarize the soldier with the M249 Squad Automatic Weapon ...m249-saw PMI To familiarize the soldier with the M249 Squad Automatic Weapon ...
m249-saw PMI To familiarize the soldier with the M249 Squad Automatic Weapon ...
LinghuaKong2
 
一比一原版(philau毕业证书)美国费城大学毕业证如何办理
一比一原版(philau毕业证书)美国费城大学毕业证如何办理一比一原版(philau毕业证书)美国费城大学毕业证如何办理
一比一原版(philau毕业证书)美国费城大学毕业证如何办理
nozaxy
 
Corporate innovation with Startups made simple with Pitchworks VC Studio
Corporate innovation with Startups made simple with Pitchworks VC StudioCorporate innovation with Startups made simple with Pitchworks VC Studio
Corporate innovation with Startups made simple with Pitchworks VC Studio
Gokul Rangarajan
 
Customer Relationship Managemenet’s Impact on Customer Satisfaction and Perfo...
Customer Relationship Managemenet’s Impact on Customer Satisfaction and Perfo...Customer Relationship Managemenet’s Impact on Customer Satisfaction and Perfo...
Customer Relationship Managemenet’s Impact on Customer Satisfaction and Perfo...
Istanbul Beykent University (İstanbul Beykent Üniversitesi)
 
Neal Elbaum Shares Top 5 Trends Shaping the Logistics Industry in 2024
Neal Elbaum Shares Top 5 Trends Shaping the Logistics Industry in 2024Neal Elbaum Shares Top 5 Trends Shaping the Logistics Industry in 2024
Neal Elbaum Shares Top 5 Trends Shaping the Logistics Industry in 2024
Neal Elbaum
 

Recently uploaded (6)

Maximize Your Efficiency with This Comprehensive Project Management Platform ...
Maximize Your Efficiency with This Comprehensive Project Management Platform ...Maximize Your Efficiency with This Comprehensive Project Management Platform ...
Maximize Your Efficiency with This Comprehensive Project Management Platform ...
 
m249-saw PMI To familiarize the soldier with the M249 Squad Automatic Weapon ...
m249-saw PMI To familiarize the soldier with the M249 Squad Automatic Weapon ...m249-saw PMI To familiarize the soldier with the M249 Squad Automatic Weapon ...
m249-saw PMI To familiarize the soldier with the M249 Squad Automatic Weapon ...
 
一比一原版(philau毕业证书)美国费城大学毕业证如何办理
一比一原版(philau毕业证书)美国费城大学毕业证如何办理一比一原版(philau毕业证书)美国费城大学毕业证如何办理
一比一原版(philau毕业证书)美国费城大学毕业证如何办理
 
Corporate innovation with Startups made simple with Pitchworks VC Studio
Corporate innovation with Startups made simple with Pitchworks VC StudioCorporate innovation with Startups made simple with Pitchworks VC Studio
Corporate innovation with Startups made simple with Pitchworks VC Studio
 
Customer Relationship Managemenet’s Impact on Customer Satisfaction and Perfo...
Customer Relationship Managemenet’s Impact on Customer Satisfaction and Perfo...Customer Relationship Managemenet’s Impact on Customer Satisfaction and Perfo...
Customer Relationship Managemenet’s Impact on Customer Satisfaction and Perfo...
 
Neal Elbaum Shares Top 5 Trends Shaping the Logistics Industry in 2024
Neal Elbaum Shares Top 5 Trends Shaping the Logistics Industry in 2024Neal Elbaum Shares Top 5 Trends Shaping the Logistics Industry in 2024
Neal Elbaum Shares Top 5 Trends Shaping the Logistics Industry in 2024
 

Guide for RAID Management

  • 1. Guidelines for RAID Management 1 Risk • Identify them to protect yourself Assumption • Identify them to make decisions Issue • Identify them to solve real problems Dependency • Identify them to remove impediments
  • 2. 2 WHY RAID • Easy & Effective • Structured way of Project Planning • One Central Place rather than four different documents • Catalogue for all the issues Identified throughout the Life Cycle of the Project • Monitoring Tool for Impacts (Present & Future) • Action Oriented & Endorsing Results • Acts as Source of Accountability, Ownership & Responsibility **Keep your log Up to Date
  • 3. 3 CONTENTS • RAID • Risk Management Across Products • Assumption Management Across Products • Issue Management Across Products • Dependency Management Across Products • Types of Dependency Relationships
  • 4. RAID (Risk, Assumption, Issue, Dependency) 4 RAID TO BE TRACKED (Possible Project Factors) TO BE MANAGED (Existing, known Project Factors)THREATSRELIANCES Dependency exists when an output from one piece of work or project is needed as mandatory input for another project or piece of work Anything which arises on your project which you have to deal with in order to ensure your project runs smoothly. Issue differs from risks in that they exist as a problem today unlike risks which might turn into issues in the future Specific event which might occur and thus have a positive or negative impact on your project. Each risk will have probability associated of occurrence along with an impact on your project if it does materialize Something we set as true to enable us to proceed with our project. Typically this happens during the planning and estimation phase of the project RISK ISSUE ASSUMPTION DEPENDENCY
  • 5. Risk Management Across Products 5 • Mitigate • Contingent • Update Register • Risk Impact • Probability • Identify Risk • Record Risk REGISTER EVALUATE RESPONDCLOSE Risk Management is a continual process, not an independent event
  • 6. Assumption Management Across Products 6 Identify & Challenge Assess Incorporate Control Review Activities • Examine & verify assumptions to get as close to certainty as possible • Evaluate assumptions from a long term perspective. • Impact of incorrect assumptions must be determined. • Incorporate assumptions into the relevant portion of project plan. • Track and monitor assumptions throughout the project to ensure the constant state of readiness. • Review assumptions as part of ‘post project’ review process to evaluate all steps taken for identification, assessment, incorporation and control. Assumption Management has a huge impact on decision making
  • 7. Issue Management Across Products 7 Issue Management is all about solving real problems Identification Analysis EvaluationAction Monitor & Review Research Judgement & Priority setting Strategy SelectionImplementation Performance Evaluation
  • 8. Dependency Management Across Products Identify Agree Plan Validate Monitor & Control Activities • Identify dependency during Project Planning • Facilitate in identifying External & Internal Dependencies • Host a workshop with your team and decide what and when do you need from external • Contact the External party • Ensure they understand what and when you need. • If they are able to deliver Great! If not negotiate • Write down what has been agreed. • Record each dependencies as miles stones and give a reference number for unique identification. • Make sure that dependency is linked into the rest of schedule so if does slip impact would be known. • Have a baseline date • Manage the series of dependencies and their impacts on project • Rate according to the impact they could have • Monitor it on a regular basis • Contact the external party if they are still on track to deliver the dependency on agreed date 8 Communication
  • 9. Types of Dependency Relationships 9 Type Examples Descriptions Finish to Start(FS) The dependent task (B) cannot begin until the task that it depends on (A) is complete. Start to Start (SS) The dependent task (B) cannot begin until the task that it depends on (A) begins. Finish to Finish (FF) The dependent task (B) cannot be completed until the task that it depends on (A) is completed. Start to Finish (SF) The dependent task (B) cannot be completed until the task that it depends on (A) begins. A B A B A B A B
  • 10. 10