Transfer risk consequences to another party by paying insurance or choosing the right contract type to cover yourself, as risk can be shifted to another party that is used to dealing with that risk.
The document describes the FIRM method for assessing risk, which considers the Frequency, Incident Response, Resilience, and Magnitude of potential events. It evaluates the probable Frequency of events occurring within a period that could result in loss, the organization's Incident Response plan to address events, the Resilience approaches like patching and hardening to prevent infiltration, and the potential Magnitude or monetary impact on the organization.
This short document provides instructions to play a movie by clicking the "Next Slide" button. It directs the user to click the button to begin playing a movie that is displayed via a slide presentation. In just one sentence, it concisely tells the user how to start a movie on the next slide.
This document provides suggestions for mitigating risks on a project including doing more testing, using more qualified resources, improving communication with subcontractors, and closely managing resources working on risky deliverables.
Rethinking Responses to Young People and the Internet - beyond Opportunity an...Tim Davies
The document discusses rethinking responses to young people's online lives by focusing on participation, protection, and provision. It notes that previous research framed the issue as an opportunity-risk dichotomy but that this limited the range of possible policy responses. The document calls for moving beyond this framework to better understand how young people themselves navigate risks and opportunities online.
Acceptance involves developing a contingency plan and establishing a financial reserve to deal with risks that cannot be avoided, reduced, or transferred. It is the risk response strategy used when other options are not feasible. The amount reserved should be based on calculating the probability and potential impact of the risk occurring.
This document provides strategies for avoiding risks on a project by not letting subcontractors perform certain work, reducing the project scope to only include deliverables that are certain to be completed, and changing how the project is executed or using familiar technologies to minimize risks. It also suggests avoiding risks by hiring specialized experts instead of handling high-risk work internally.
This document discusses key aspects of project management including:
- A project is a temporary endeavor to create a unique product or service.
- Projects go through various phases from initiation to execution to transfer.
- All projects must undergo a rigorous selection process to ensure they are strategic and aligned with organizational goals.
- The four main constraints of a project are cost, time, quality, and scope. Successfully managing these constraints is important for project success.
The document describes the FIRM method for assessing risk, which considers the Frequency, Incident Response, Resilience, and Magnitude of potential events. It evaluates the probable Frequency of events occurring within a period that could result in loss, the organization's Incident Response plan to address events, the Resilience approaches like patching and hardening to prevent infiltration, and the potential Magnitude or monetary impact on the organization.
This short document provides instructions to play a movie by clicking the "Next Slide" button. It directs the user to click the button to begin playing a movie that is displayed via a slide presentation. In just one sentence, it concisely tells the user how to start a movie on the next slide.
This document provides suggestions for mitigating risks on a project including doing more testing, using more qualified resources, improving communication with subcontractors, and closely managing resources working on risky deliverables.
Rethinking Responses to Young People and the Internet - beyond Opportunity an...Tim Davies
The document discusses rethinking responses to young people's online lives by focusing on participation, protection, and provision. It notes that previous research framed the issue as an opportunity-risk dichotomy but that this limited the range of possible policy responses. The document calls for moving beyond this framework to better understand how young people themselves navigate risks and opportunities online.
Acceptance involves developing a contingency plan and establishing a financial reserve to deal with risks that cannot be avoided, reduced, or transferred. It is the risk response strategy used when other options are not feasible. The amount reserved should be based on calculating the probability and potential impact of the risk occurring.
This document provides strategies for avoiding risks on a project by not letting subcontractors perform certain work, reducing the project scope to only include deliverables that are certain to be completed, and changing how the project is executed or using familiar technologies to minimize risks. It also suggests avoiding risks by hiring specialized experts instead of handling high-risk work internally.
This document discusses key aspects of project management including:
- A project is a temporary endeavor to create a unique product or service.
- Projects go through various phases from initiation to execution to transfer.
- All projects must undergo a rigorous selection process to ensure they are strategic and aligned with organizational goals.
- The four main constraints of a project are cost, time, quality, and scope. Successfully managing these constraints is important for project success.
This document provides an overview of Kanban concepts and how to visualize workflows using Kanban boards. It demonstrates how to transform a simple task list into a Kanban board with statuses, queues, work-in-progress limits, and swim lanes for priorities. Additional concepts covered include identifying and addressing bottlenecks, handling wait times, limiting team member activities, creating forecasts, linking boards for Scrum, personal Kanban boards, and using a board for a cross-functional team.
The document provides information on project scheduling and sequencing activities. It discusses defining activities and milestones, building a work breakdown structure (WBS), estimating activity durations, defining dependencies between activities, and constructing a Gantt chart schedule to visualize the critical path. The key steps are decomposing work into activities, estimating times, identifying logical relationships, and using a Gantt chart to sequence tasks while considering dependencies and resources.
This document discusses work breakdown structures (WBS) for project management. It begins by defining a WBS as a hierarchical decomposition of the work to be executed to complete the project deliverables. It then provides examples of different types of WBS including product, process, and hybrid WBS. The document also discusses best practices for developing a WBS such as identifying all work packages and assigning a responsible person to each package. Common pitfalls for WBS like using it as a task list rather than focusing on deliverables are also covered.
This document summarizes a website that provides information and resources for project managers on risk management. It includes definitions of project risk, descriptions of the risk management process and tips for identifying, prioritizing, and managing risks. Specific topics covered include risk identification techniques, using a risk matrix, the risk register form, and different strategies for responding to risks such as mitigation, transfer, avoidance and acceptance. Flowcharts and diagrams are provided to illustrate risk management concepts and processes.
The document discusses requirements for a project management website. It begins by providing examples of conversations between a client and thief discussing robbing a store. It then defines what requirements are, stating they are capabilities needed to solve problems or meet objectives. Requirements should be formally documented statements and not informal conversations. The document discusses different methods for gathering requirements such as interviews, workshops, and surveys. It emphasizes the importance of understanding user needs and business drivers to define the proper requirements.
The document discusses stakeholder management for projects. It defines stakeholders as individuals or groups that can impact or be impacted by a project. It identifies the key steps as identifying stakeholders, understanding their interests and importance, planning engagement strategies, and controlling stakeholder satisfaction. The role of the project manager is to perform stakeholder analysis, identify how stakeholders are impacted, develop cooperation, and ensure successful project outcomes. Stakeholder management aims to increase support and minimize resistance through engagement, communication, and addressing concerns.
The document discusses key elements to include in a project charter such as the project description, objectives, scope, assumptions, constraints, roles and responsibilities, stakeholders, steps, deliverables, and risks. It emphasizes that the charter is an agreement between the project manager and sponsor that defines the project goals, deliverables, schedule, and resources. It should provide a clear and shared understanding of the project for all involved parties.
The document contains a long list of questions to clarify the scope, goals, stakeholders, timeline, budget, and other key details of a project. It seeks to understand the organization, activities, target audience, location, duration, team size, objectives, requirements, constraints, and potential risks involved in the project. The questions aim to fully define what will and won't be included in the project.
The last project was successful but the next project cannot simply repeat the same approach. To achieve success on the new project, it will be important to understand what factors may differ and require a different strategy this time. The website given provides resources for project managers.
This document outlines the requirements for a project including business needs, stakeholder needs, project objectives related to quality, cost, time and profitability. It defines the product and service scope and lists functional requirements such as priorities using MoSCoW methodology, assumptions, constraints, quality levels, and acceptance criteria. The document requires signatures from the project manager, hierarchy, and customer.
This document provides a template for conducting a stakeholder analysis with sections for naming stakeholders, identifying their interests and expectations, how they may impact the project, tactics for managing them, and prioritizing stakeholders. The template allows a project manager to systematically analyze project stakeholders.
1. Project objectives (hierarchized SMART)
2. To what problem the project is a response ?
3. Priorities (Cost, Quality, Scope, Time)
4. Success criterias
5. Success factors
6. Benefits
7. Fondamental Business Need
8. High Level Requirements prioritized (MoSCoW)
9. Project description
10. Scope (What is in the project ? What is not in the project ?
11. Main steps, Key deliverables, milestone
12. Organization : who is involved and what role does he play?
13. High level Risks : main risks identified
14. Budget
This document outlines how to develop a strategic project with a vision, key axes, and related projects. It recommends defining an overall vision and 3 strategic axes with objectives, then listing specific projects under each axis to work towards the vision and objectives. More details on strategic project management can be found at the provided website.
A work breakdown structure (WBS) helps visualize and organize all tasks in a project, communicate the scope to the team and stakeholders, and identify any overlapping responsibilities to allow for precise estimation and decision making on project management.
This document discusses different levels of knowledge - knowing what you know, knowing what you don't know, not knowing what you don't know, and not knowing what you know. It suggests focusing efforts on moving from not knowing what you don't know to knowing what you don't know. A website is provided for further information.
This document discusses the scope of a project and how it relates to cost, time, and quality. Specifically, it notes that the scope defines the cost, time, and quality aspects of a project, and that changes to scope can impact the projected cost, timeline, and deliverables.
Whats the priority for the stakeholders?Stefan Csosz
The priority for stakeholders on a project is often debated between cost, quality, and scope. While cost is important, quality and delivering the project within the planned scope are also high priorities according to many stakeholders. A project manager must work to balance all three factors in order to satisfy stakeholders.
Whats the impact of risks on your project?Stefan Csosz
This document discusses the impact that risks can have on projects, specifically calling out costs, time, quality, uniqueness, and scope as areas that risks can affect. It emphasizes that risks are an important factor to consider on any project.
This document defines a user story and provides guidelines for writing effective ones. A user story follows the format of identifying a user or stakeholder, describing what goal they want to achieve, and explaining the value they receive. Additionally, good user stories are independent, negotiable, valuable, estimable, appropriately sized, and testable, known by the acronym INVEST.
Requirements are like a contract between the stakeholder and project manager that outlines what needs to be delivered. They ensure both parties understand the goals and scope of the project. Requirements are documented in user stories or other documents to formally agree on the work.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
This document provides an overview of Kanban concepts and how to visualize workflows using Kanban boards. It demonstrates how to transform a simple task list into a Kanban board with statuses, queues, work-in-progress limits, and swim lanes for priorities. Additional concepts covered include identifying and addressing bottlenecks, handling wait times, limiting team member activities, creating forecasts, linking boards for Scrum, personal Kanban boards, and using a board for a cross-functional team.
The document provides information on project scheduling and sequencing activities. It discusses defining activities and milestones, building a work breakdown structure (WBS), estimating activity durations, defining dependencies between activities, and constructing a Gantt chart schedule to visualize the critical path. The key steps are decomposing work into activities, estimating times, identifying logical relationships, and using a Gantt chart to sequence tasks while considering dependencies and resources.
This document discusses work breakdown structures (WBS) for project management. It begins by defining a WBS as a hierarchical decomposition of the work to be executed to complete the project deliverables. It then provides examples of different types of WBS including product, process, and hybrid WBS. The document also discusses best practices for developing a WBS such as identifying all work packages and assigning a responsible person to each package. Common pitfalls for WBS like using it as a task list rather than focusing on deliverables are also covered.
This document summarizes a website that provides information and resources for project managers on risk management. It includes definitions of project risk, descriptions of the risk management process and tips for identifying, prioritizing, and managing risks. Specific topics covered include risk identification techniques, using a risk matrix, the risk register form, and different strategies for responding to risks such as mitigation, transfer, avoidance and acceptance. Flowcharts and diagrams are provided to illustrate risk management concepts and processes.
The document discusses requirements for a project management website. It begins by providing examples of conversations between a client and thief discussing robbing a store. It then defines what requirements are, stating they are capabilities needed to solve problems or meet objectives. Requirements should be formally documented statements and not informal conversations. The document discusses different methods for gathering requirements such as interviews, workshops, and surveys. It emphasizes the importance of understanding user needs and business drivers to define the proper requirements.
The document discusses stakeholder management for projects. It defines stakeholders as individuals or groups that can impact or be impacted by a project. It identifies the key steps as identifying stakeholders, understanding their interests and importance, planning engagement strategies, and controlling stakeholder satisfaction. The role of the project manager is to perform stakeholder analysis, identify how stakeholders are impacted, develop cooperation, and ensure successful project outcomes. Stakeholder management aims to increase support and minimize resistance through engagement, communication, and addressing concerns.
The document discusses key elements to include in a project charter such as the project description, objectives, scope, assumptions, constraints, roles and responsibilities, stakeholders, steps, deliverables, and risks. It emphasizes that the charter is an agreement between the project manager and sponsor that defines the project goals, deliverables, schedule, and resources. It should provide a clear and shared understanding of the project for all involved parties.
The document contains a long list of questions to clarify the scope, goals, stakeholders, timeline, budget, and other key details of a project. It seeks to understand the organization, activities, target audience, location, duration, team size, objectives, requirements, constraints, and potential risks involved in the project. The questions aim to fully define what will and won't be included in the project.
The last project was successful but the next project cannot simply repeat the same approach. To achieve success on the new project, it will be important to understand what factors may differ and require a different strategy this time. The website given provides resources for project managers.
This document outlines the requirements for a project including business needs, stakeholder needs, project objectives related to quality, cost, time and profitability. It defines the product and service scope and lists functional requirements such as priorities using MoSCoW methodology, assumptions, constraints, quality levels, and acceptance criteria. The document requires signatures from the project manager, hierarchy, and customer.
This document provides a template for conducting a stakeholder analysis with sections for naming stakeholders, identifying their interests and expectations, how they may impact the project, tactics for managing them, and prioritizing stakeholders. The template allows a project manager to systematically analyze project stakeholders.
1. Project objectives (hierarchized SMART)
2. To what problem the project is a response ?
3. Priorities (Cost, Quality, Scope, Time)
4. Success criterias
5. Success factors
6. Benefits
7. Fondamental Business Need
8. High Level Requirements prioritized (MoSCoW)
9. Project description
10. Scope (What is in the project ? What is not in the project ?
11. Main steps, Key deliverables, milestone
12. Organization : who is involved and what role does he play?
13. High level Risks : main risks identified
14. Budget
This document outlines how to develop a strategic project with a vision, key axes, and related projects. It recommends defining an overall vision and 3 strategic axes with objectives, then listing specific projects under each axis to work towards the vision and objectives. More details on strategic project management can be found at the provided website.
A work breakdown structure (WBS) helps visualize and organize all tasks in a project, communicate the scope to the team and stakeholders, and identify any overlapping responsibilities to allow for precise estimation and decision making on project management.
This document discusses different levels of knowledge - knowing what you know, knowing what you don't know, not knowing what you don't know, and not knowing what you know. It suggests focusing efforts on moving from not knowing what you don't know to knowing what you don't know. A website is provided for further information.
This document discusses the scope of a project and how it relates to cost, time, and quality. Specifically, it notes that the scope defines the cost, time, and quality aspects of a project, and that changes to scope can impact the projected cost, timeline, and deliverables.
Whats the priority for the stakeholders?Stefan Csosz
The priority for stakeholders on a project is often debated between cost, quality, and scope. While cost is important, quality and delivering the project within the planned scope are also high priorities according to many stakeholders. A project manager must work to balance all three factors in order to satisfy stakeholders.
Whats the impact of risks on your project?Stefan Csosz
This document discusses the impact that risks can have on projects, specifically calling out costs, time, quality, uniqueness, and scope as areas that risks can affect. It emphasizes that risks are an important factor to consider on any project.
This document defines a user story and provides guidelines for writing effective ones. A user story follows the format of identifying a user or stakeholder, describing what goal they want to achieve, and explaining the value they receive. Additionally, good user stories are independent, negotiable, valuable, estimable, appropriately sized, and testable, known by the acronym INVEST.
Requirements are like a contract between the stakeholder and project manager that outlines what needs to be delivered. They ensure both parties understand the goals and scope of the project. Requirements are documented in user stories or other documents to formally agree on the work.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptxEduSkills OECD
Iván Bornacelly, Policy Analyst at the OECD Centre for Skills, OECD, presents at the webinar 'Tackling job market gaps with a skills-first approach' on 12 June 2024
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPRAHUL
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
environment for investigating the changes in vegetation cover dynamics. Our study utilizes
advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
The complex relationship between human activities and the environment has been the focus
of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
more evident. A crucial element of this impact is the alteration of vegetation cover, which plays a
significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
Communicating effectively and consistently with students can help them feel at ease during their learning experience and provide the instructor with a communication trail to track the course's progress. This workshop will take you through constructing an engaging course container to facilitate effective communication.
Leveraging Generative AI to Drive Nonprofit InnovationTechSoup
In this webinar, participants learned how to utilize Generative AI to streamline operations and elevate member engagement. Amazon Web Service experts provided a customer specific use cases and dived into low/no-code tools that are quick and easy to deploy through Amazon Web Service (AWS.)
1. Transfer
(risk response)
Shift risk consequences to another party
Do it if the other party is used
to deal with the risk
Choose the right contract type
in order to cover yourself
Pay insurance
www.relaxedprojectmanager.com