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Project Management 4
Module 5: Project risk management
Module 5: Project risk management ,[object Object],[object Object],[object Object],[object Object]
1. CONTRIBUTE TO THE ASSESSMENT OF THE IMPACT AND LIKELIHOOD OF IDENTIFIED RISKS ,[object Object],[object Object],[object Object],[object Object]
1.1 Explain a range of risk elements of a project ,[object Object],[object Object],[object Object]
Activity 1 – Project risks ,[object Object]
Goals of project risk management ,[object Object],[object Object],[object Object],[object Object],[object Object]
Components of risk management ,[object Object],[object Object],[object Object],[object Object]
Understanding project risk ,[object Object],[object Object],[object Object]
Common sources of risk ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Common sources of risk ,[object Object],[object Object],[object Object],[object Object],[object Object]
Risk identification ,[object Object],[object Object],[object Object]
Classifying project risks ,[object Object],[object Object],[object Object],[object Object]
Tools for identifying risk ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of risks ,[object Object],[object Object],[object Object],[object Object]
The risk continuum Scope of risk management Unknown-unknown Known-unknown Known No information Partial information Complete information Enter new market Feasibility study identifies unknown issues Close-out report Project successfully completed
Activity 2 – Classification of project risks ,[object Object],[object Object],[object Object]
 
 
 
 
1.2 Discuss and describe the impact of risk effect on the project ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
1.2 Discuss and describe the impact of risk effect on the project ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
2. CONTRIBUTE TO THE DEVELOPMENT OF RISK MANAGEMENT STATEMENTS AND PLANS ,[object Object],[object Object],[object Object]
2.1 Discuss and describe the development of risk management statements and plans Risk management plan and control Document risk management plan Define objectives Identify risk Quantify risk Develop response
Activity 3 ,[object Object],[object Object],[object Object]
Taking risks stage by stage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Taking risks stage by stage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Taking risks stage by stage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Taking risks stage by stage ,[object Object],[object Object],[object Object],[object Object],[object Object]
The basics of risk management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The basics of risk management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project standards for risk management ,[object Object],[object Object],[object Object],[object Object],[object Object]
Project reserves ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Constraints ,[object Object],[object Object]
Constraints
Constraints ,[object Object],[object Object],[object Object],[object Object],[object Object]
2.2 Communication process for risk threat prevention, recovery activities and opportunity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
When a risk should be avoided ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Managing project risks ,[object Object],[object Object],[object Object]
Risk assessment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Risk assessment process ,[object Object],[object Object],[object Object]
Benefits of risk assessment ,[object Object],[object Object],[object Object],[object Object],[object Object]
3. MONITORING AND CONTROLLING THE PROJECT RISK ,[object Object],[object Object],[object Object]
3.1 Explain the monitoring and control systems linked to the risk management statements and plans ,[object Object],[object Object],[object Object],[object Object]
Disaster recovery planning ,[object Object],[object Object],[object Object],[object Object]
3.2 Explain the need to communicate and document lessons learned in attending to risks ,[object Object],[object Object],[object Object],[object Object],[object Object]

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NCV 4 Project Management Hands-On Support Slide Show - Module5

  • 2. Module 5: Project risk management
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  • 16. The risk continuum Scope of risk management Unknown-unknown Known-unknown Known No information Partial information Complete information Enter new market Feasibility study identifies unknown issues Close-out report Project successfully completed
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  • 25. 2.1 Discuss and describe the development of risk management statements and plans Risk management plan and control Document risk management plan Define objectives Identify risk Quantify risk Develop response
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