Chap 11.6 Implement Risk Response

PMBOK 6 - All rights reserved; By: Anand Bobade (nmbobade@gmail.com)
Chapter 11 –
Project Risk Management
PMP
Trainer: Anand BobadePMBOK 6th Edition, 2019, All rights reserved.
Implement Risk
SIXTH EDITION

11.6 Implement Risk Responses
Implement Risk Responses - Definition
Implement Risk Responses : ITTO
Influencing skills
Change Request
Risk Report
Review

Project Risk Management Processes
Plan Risk management Identify Risk
Perform Qualitative
Risk Analysis
Perform Quantitative
Risk Analysis
Plan Risk Response Implement Risk Monitor Risk
P
MC
P P P
P E

Implement Risk Responses
Implement Risk response
• The process of implementing agreed-upon risk response plans.
The key benefit of this process is that it ensures that agreed-upon risk
responses are executed as planned throughout the project.
Risk Response plan
Implement

Implement Risk Response -> ITTO
Expert Judgment
Interpersonal and team skills
Project Management
Information system
Project Management
Plan
Project documents
Organizational process
assets
Change request
Project document
updates
Inputs Tools & Techniques Outputs

Project
Management Plan
Project documents
Organizational
process assets
Implement Risk Response -> Inputs

Project
Management Plan
Implement Risk Response -> Inputs -> PMP
Risk Management plan
• Roles & responsibilities of project team members and other
stakeholders who are involved in implementing risk responses.
• Risk thresholds for the project, which define the acceptable target that
the implementation of risk responses is supposed to achieve.

Project documents
Implement Risk Response -> Inputs -> Project documents
• Lessons learned during implementing risk responses from other similar
projects, and from same project can be applied.
Lessons
learned register
• Contain the agreed-upon risk response strategy for the overall project,
as well as for major individual project risks.Risk register
• Contains an assessment of the current overall project risk exposure as
well as the agreed-upon risk strategy for major individual project risks.Risk report
Lessons learned
register
Risk Register Risk Report

Expert Judgment
Interpersonal and
team skills
Project Management
Information system
Implement Risk Response -> Tools & Techniques

Expert Judgment
Implement Risk Responses ->T&T->Expert Judgement
Expertise from individuals or groups with expertise in implementing risk response
How to carry out the
risk responses
These are assigned Risk
owners
Or Risk action owners

Interpersonal and
team skills
Encourage risk owners to take the necessary actions needed
PM may need to facilitate the risk process.
Similar to influencing skill required to get the work done on the project during
Direct and Manage Project Work
Implement Risk Response -> T&T -> Interpersonal and team skills
Influencing

Project Management
Information system
PMIS is used to monitor the schedule, cost and resources on a project
Integrate Risk response plans and their associated activities into the project along
with other activities.
Implement Risk Response -> Tools & Techniques -> PMIS

Change request
Project document
updates
Implement Risk Response -> Output

Change request
Underlying risk
has been
triggered
Risk response
is
implemented
Change
request will be
raised
To update the
cost and
schedule
baselines
Implement Risk Response -> Output -> Change request

Project documents
update
Implement Risk Response -> Outputs -> Project document updates
Issue log
Lessons learned
register
Project team
assignments
Risk Register Risk Report

Implement Risk Responses - Definition
Implement Risk Responses : ITTO
Influencing skills
Change Request
Risk Report
Plan Risk Responses -> Review

Chap 11.6 Implement Risk Response

Chap 11.6 Implement Risk Response

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Chap 11.6 Implement Risk Response