Project Risk Management Flashcards
Plan Risk Management
Inputs
.1 Project charter
.2 Project management plan
• All components
.3 Project documents
• Stakeholder register
.4 Enterprise environmental factors
.5 Organizational process assets
Plan Risk Management
Tools
.1 Expert judgment
.2 Data analysis
• Stakeholder analysis
.3 Meetings
Plan Risk Management
Outputs
- Risk Management Plan
Identify Risks
Inputs
.1 Project management plan
• Requirements management plan
• Schedule management plan
• Cost management plan
• Quality management plan
• Resource management plan
• Risk management plan
• Scope baseline
• Schedule baseline
• Cost baseline
.2 Project documents
• Assumption log
• Cost estimates
• Duration estimates
• Issue log
• Lessons learned register
• Requirements documentation
• Resource requirements
• Stakeholder register
.3 Agreements
.4 Procurement documentation
.5 Enterprise environmental factors
.6 Organizational process assets
Identify Risks
Tools
.1 Expert judgment
.2 Data gathering
• Brainstorming
• Checklists
• Interviews
.3 Data analysis
• Root cause analysis
• Assumption and constraint analysis
• SWOT analysis
• Document analysis
.4 Interpersonal and team skills
• Facilitation
.5 Prompt lists
.6 Meetings
Identify Risks
Outputs
.1 Risk register
.2 Risk report
.3 Project documents updates
• Assumption log
• Issue log
• Lessons learned register
Perform Qualitative Risk Analysis
Inputs
.1 Project management plan
• Risk management plan
.2 Project documents
• Assumption log
• Risk register
• Stakeholder register
.3 Enterprise environmental factors
.4 Organizational process assets
Perform Qualitative Risk Analysis
Tools
.1 Expert judgment
.2 Data gathering
• Interviews
.3 Data analysis
• Risk data quality assessment
• Risk probability and impact assessment
• Assessment of other risk parameters
.4 Interpersonal and team skills
• Facilitation
.5 Risk categorization
.6 Data representation
• Probability and impact matrix
• Hierarchical charts
.7 Meetings
Perform Qualitative Risk Analysis
Outputs
1 Project documents updates
• Assumption log
• Issue log
• Risk register
• Risk report
Perform Quantitative Risk Analysis
Inputs
.1 Project management plan
• Risk management plan
• Scope baseline
• Schedule baseline
• Cost baseline
.2 Project documents
• Assumption log
• Basis of estimates
• Cost esinates
• Costforecasts
• Duration estmates
• Milestone hst
• Resource requirements
• Risk register
• Risk report
• Schedule forecasts
.3 Enterprise environmental factors
.4 Organizational process assets
Perform Quantitative Risk Analysis
Tools
.1 Expert judgment
.2 Data gathering
• Interviews
.3 Interpersonal and team skills
• Facilitation
.4 Representations of uncertainty
.5 Data analysis
• Simulations
• Sensitivity analysis
• Decision tree analysis
• Influence diagrams
Perform Quantitative Risk Analysis
Outputs
.1 Project documents updates
• Risk report
Plan Risk Responses
Inputs
. 1 Project management plan
• Resource management plan
• Riskmanagement plan
• Cost baseline
.2 Project documents
• Lessons learned register
• Project schedule
• Project team assignments
• Resource calendars
• Risk register
• Risk report
• Stakeholder register
.3 Enterprise environmental factors
.4 Organizational process assets
Plan Risk Responses
Tools
.1 Expert judgment
.2 Data gathering
• Interviews
.3 Interpersonal and team skills
• Facilitation
.4 Strategies tor threats
.5 Strategies for opportunities
.6 Contingent response strategies
.7 Strategies for overall project risk
.8 Data analysis
• Alternatives analysis
• Cost-benefit analysis
.9 Decisionmaking
• Multicriteria decision analysis
Plan Risk Responses
Outputs
.1 Change requests
.2 Project management plan updates
• Schedule management plan
• Cost management plan
• Quality management plan
• Resource management plan
• Procurement management plan
• Scope baseline
• Schedule baseline
• Cost baseline
.3 Project documents updates
• Assumption log
• Cost forecasts
• Lessons learned register
• Project schedule
• Project team assignments
• Risk register
• Risk report
