Managing project risk
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This webinar presentation covers managing project risk. The presenter is Don Coutts. The agenda includes an overview of risk management processes, examining risk in case studies, and concluding with a question period. Risk is defined as the chance of something happening that impacts objectives. Risk management is directed at realizing opportunities while managing adverse effects. The processes covered are risk analysis, evaluation, monitoring, and addressing positive risks or opportunities. A case study of building a garage is used to explore identifying risks during planning and unexpected risks that may arise during the project.
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Managing project risk
- 1. Welcome to this webinar on Managing Project Risk Tuesday 20 November 2012 © transformed 2012
- 2. Your presenter Don Coutts © transformed 2012
- 3. Sound check • You may be listening to this on a headset or via your computer speakers. • Please check that you can hear me clearly by adjusting your playback volume control. • If you have a webcam then we will be seeking questions at the end of this session, during which I will turn on sharing for your audio and video. • If you don’t have a webcam then you can still contribute during question time via the microphone on your headset or via the chat facility. • Please use the text-based chat facility if you have any queries at any time. © transformed 2012
- 4. Agenda for this webinar • An overview of Risk Management processes. • Risk in the context of some case studies. • Summary and questions. © transformed 2012
- 5. What is risk? “The chance of something happening that will have an impact on project objectives.” Source: Australian/New Zealand Standard on Risk Management (AS/NZS 4360:2004) © transformed 2012
- 6. And ‘risk management’ is… “the culture, processes, and structures that are directed towards realising potential opportunities whilst managing adverse effects.” Source: Australian/New Zealand Standard on Risk Management (AS/NZS 4360:2004) © transformed 2012
- 7. The Risk Management processes. © transformed 2012
- 8. Risk analysis: likelihood © transformed 2012
- 9. Risk analysis: impact © transformed 2012
- 10. Risk analysis: risk ratings © transformed 2012
- 11. Risk analysis: risk ratings © transformed 2012
- 12. Risk analysis 1 © transformed 2012
- 13. Risk analysis 2 © transformed 2012
- 14. Risk evaluation: a risk register © transformed 2012
- 15. Risk monitoring © transformed 2012
- 16. Positive Risk: opportunities © transformed 2012
- 17. Positive Risk: opportunities © transformed 2012
- 18. Managing Risk on a project Let’s use the “Building a Garage” case study as an example. What are some of the risk items that we could identify? © transformed 2012
- 19. Managing Risk on a project Not all risks can be identified during planning! Some may come out of left field during the project build phase. © transformed 2012
- 21. To unleash your project management career contact… Ph: 02 6259 6221 info@transformed.com.au © transformed 2012 www.transformed.com.au