Risk Management Flashcards
1
Q
Project Risk Management - Overview
A
- Plan
- Identify risks
- Qualitative analysis
- Quantitative analysis
- Risk responses
- Monitor and control
2
Q
Risk management plan
A
methodology roles and responsibilities stakeholder tolerances risk categories reporting strategy tracking system risk budget
3
Q
Identify risk: references
A
Initial estimates ambitious Uncertain estimations Many change requests Project team conflicts Parallel high profile project
4
Q
Identify risks: Methods
A
- historical data
- root cause
- Delphi (anonymous brainstorming)
- SWOT
- checklist analysis
- diagramming
- assumption analysis
- creativity
- Nominal group (crawford slip)
5
Q
Project risk management process
A
- risk identification and assessment
- risk response planning
- risk monitor and control
- continuous loop
- countermeasure effectiveness (PDCA, lessons learned)
