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Ali Vahedi, Risk Management Workshop A Full workshop CourseTRANSCRIPT
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Ali Vahedi Diz
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Course Schedule and Contents
Day #Day # ContentsContents
1
1. Project Management Overview2. Risk Management Overview3. Inputs to Risk Management4. Plan Risk Management
25. Identify Risks6. Perform Qualitative Risk Analysis7. Perform Quantitative Risk Analysis
38. Plan Risk Responses9. Monitor and Control Risks
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Cause, Risk and Effect
Cause : Requirement/Constraint / Condition
• Requiring an environmental permit to do work
Risk / Uncertainty
• Permitting agency may take longer than planned to issue a permit
Effect / Impact /Possible Result
• If these uncertain events occurs, there may be an impact on the project cost and schedule.
“Because of <one or more causes>, <risk> might occur, which would lead to <one or more effects>”.
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“If You Don’t Actively Attack the Risks,5 www.AliVahedidiz.com
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The Risks Will Actively Attack You.”6 www.AliVahedidiz.com
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Project Risk Management
Planning
• Plan Risk Management
• Identify Risks
• Perform Qualitative Risk Analysis
• Perform Quantitative Risk Analysis
• Plan Risk Responses
Controlling
• Monitor and Control Risks
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Project Risk Management
Plan Risk Management
Perform Quantitative Risk Analysis
Identify Risk
Plan Risk Responses
Perform Qualitative
Risk Analysis
Monitor & Control Risks
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What Went Wrong?
Did Not55%
Did Some38%
Not Know7%
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Plan Risk Management OutputsRisk MP – Probability and Impact Matrix
Tusler’sTusler’s Risk Classification SchemeRisk Classification Scheme
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Plan Risk Management OutputsRisk MP – Probability and Impact Matrix
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WORKSHOPDevelop Project RBS
Develop P&I Matrix
A Sample Please?
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Identify Risk T&TInformation Gathering Techniques: Brainstorming
Goal: Obtain a comprehensivelist of project
risks
Multidisciplinaryset of experts
Facilitator
Traditional free-formStructured:
nominal group technique
RBS can be used as a
framework
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WorkshopComplete Project Risk
Register
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Rapid and Cost-effective
Prioritizing Risks
Subjective Analysis
Assessing and Combining P&I
of Risks
Perform Qualitative Risk Analysis
Perform Quantitative Risk Analysis
Plan Risk Responses
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WorkshopPrioritize Identified
Risk
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Simulation: Monte Carlo Analysis
Start Finish
A B
C
D
E
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Simulation: Monte Carlo AnalysisProject Costs
IT Project Management, Third Edition
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Plan Risk ResponsesPlan Risk Responses
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Risk Response Planning OutputRisk Register Updates
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Name: Ali Vahedi, MSc, PgMP, PMP, RMP, BSC BB
Email: [email protected]
Web: www.AliVahedidiz.com
www.RSRastak.com
Good Luck!Good Luck!
Contact Information
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