1. Presented By:-
Manoj Kumar Gupta
SPTM

2. “Risk management is what helps you identify the potential
crisis that will cause your schedule to fall apart,”
“Without effective risk management, the difference between
what you think you’ll achieve and what you end up with are
often significantly different.”

3. “Using risk management best practices
prevents future project problems and
helps companies focus on what is really
important, which results in better use
of resources and efficiency,”
Many organizations are
increasingly turning to project
managers who have carved out
solid track record in risk
management and who hold a PMI
Risk Management Professional
®(PMI-RMP) certification.
“Having project managers with risk management skills and the ®
PMI-RMP certification brings strategic benefits to the organizations
because they create a new environment of project management
aligned with our fast-changing world.”

4. No plan for holidays or vacation time in the project resource calendar. No one is ever sick. No
one leaves for another job or project.
Needed resources are available when and where needed. No time or effort allowed for
recruiting, hiring, or training.
Each resource can work 8 hours per day (or more) on the project tasks, and that NO time is
required for non-project activities.
No training for the project staff is needed, or even allowed.
Overtime will be used to mitigate any schedule issues (only true to a point).
Other projects will not interfere (prioritization).
Specific resource loading is ignored (so some people need to work 24 hours a day).
Capital and significant expense money is available at the planned instant of need, and any
approval process will not delay the project tasks.

5. Technical
• There are no technical unknowns (even though there usually are).
• The best and brightest resource does each task, and has done the task many times before.
• The team has worked together before and done this type of technical project before.
• There will be no defects (or bugs) to fix, that no time is needed for the fix and re-test.
• No detailed plan or allowance for verification or validation tasks, effort or documentation of
the plans.
• No time for integration at key milestones, testing or bug fixes at those points.
• Unclear about how to agree on architecture, compiler, microprocessor, other development and
testing tools; and the time and timing to make those decisions.
• Performance, reliability and quality targets, processes and capabilities are well-understood.

6. Panama Canal
The building of the Panama Canal took 34 years from the initial effort in
1880 to actually opening the canal in 1914. The building of the canal is
considered one of the greatest engineering feats in history.

7. To sail from Atlantic to Pacific, ships
navigated around Cape Horn, the
treacherous southern extremity of
South America. A New York to San
Francisco journey measured some
13,000 miles and took months.

8. Panama Canal
Describe two reasons why the President
American builders faced difficult problems that
threatened to derail the project such as tropical
diseases like Malaria and Yellow Fever.

9. Gather evidence to support how
tropical diseases were a problem
during the construction of the
Panama Canal?

10. Dr. William Gorgas, was hired to eradicate
yellow fever , like he had in Havana years
before. He was able to accomplish his goal by
killing the mosquitoes that carried the
diseases. Workers:
1.Drained swamps, swept drainage ditches,
paved roads and installed plumbing.
2.Sprayed pesticides by the ton.
3.Entire towns rose from the jungle, complete
with housing, schools, churches, commissaries,
and social halls.

11. At the Gatun Locks on the Atlantic side, workers poured
enough concrete to build a wall 8' wide, 12' high, and 133
miles long. They built culverts the size of railroad tunnels to
channel water from Gatun Lake into the locks.

12. By August 15, 1914 the Panama Canal was officially
opened by the passing of the SS Ancon.

13. Panama Canal
Map of the Panama Canal
Figure 3: A map showing the route of the
completed canal. A series of "locks" are
used to control the water level within the
canal.