Risk management Planing

RISK MANAGEMENT PLANNING

Information gathering techniques to Identifying risk, differentiate between negative and positive

risk events

Agenda

Stakeholder Analysis Brain Storming Delphi Technique Interviewing Risk Register Root Cause Analysis Qualitative Analysis Quantifative Analysis

Risk Management Planning

Stakeholder Analysis Risk Adverse Moderate Risk High Risk

Risk Management Planning

Brain Storming Bringing together

Stakeholders Subject Matter Experts (SME’s)

Risk Management Planning

Delphi Technique Indented Polling of SME’s

Risk Management Planning

Interviewing Stakeholders

Those involved in assembling project Those receiving the final product

Risk Management Planning

Risk Register Where all risks are documented Living Document

Risk Management Planning

Root Cause Analysis Find the Cause of the Risk and not the

symptom.

Risk Management Planning

Threat Versus Opportunity Threat

Risk that can cause negative impact Seek to accept, avoid, mitigate or transfer

Opportunity Risk the can cause a positive impact

Seek to accept, or Exploit.

Risk Management Planning

Qualitative Analysis

Risk Management Planning

Quantitative Analysis

Risk Management Planning

Rapping it Up Get the people together Get them talking Document the Conclusions Analyze the Information Make a plan to accept, avoid, mitigate,

transfer or exploit the risks