6 Project Planning Risk Management Business RiskBuilding an excellent product that none really want.Building a product that no longer fit into the overall business strategies.Building a product that the sales force does not understand how to sell.Losing the support of Senior Manager due to change in focus.Losing budgetary or personal Commitment.
7 Project Planning Risk Management Process S.A.ScenariosSimulationPERTD.A.RiskpremiumNegotia-tionWBSCost/TimeestimatesAcceptanceProbabilityAvoidanceRiskIdentificationRiskAssessmentRiskAnalysisRiskResponseMitigationCorrelationStrategyCapacityAttitudeRiskchecklistPast data,EnvironmentanalysisRe-allocation
8 Project Planning Risk Management Risk Breakdown StructureA risk breakdown structure is a hierarchy of potential risk categories for a project.Similar to a work breakdown structure but used to identify and categorize risks.
9 Project Planning Sample of Risk Breakdown Structure
10 Project Planning Risk Management If you don’t actively attack the risksThe risks will actively attack you.Tom Gilb.
14 Project Planning Risk Assessment Risk Identification, You will:select the best methods to identify potential risksexamine all sources of possible risksidentify all potential risks whether they are random, internal or external to the organizationexamine each risk from the perspective of both internal and external stakeholders.
15 Project Planning Risk Assessment - Risk identification Selecting methods to identify risksWhen you undertake this step to identify risks, it is essential that those you consult are knowledgeable about the activity you are reviewing. Where the activity is complex, it may be best to work with a group.
16 Project Planning Risk Assessment – Risk identification Internal methods of identifying risks:Look at the records of previous activities.Examine the results of personal, local or overseas experience.Arrange interviews and discussions with stakeholders.Distribute surveys and questionnaires to stakeholders.Conduct audits and physical inspections.Directly observe the activity.Analyst specific scenarios.
17 Project Planning Risk Assessment – Risk identification External methods of identifying risks:Employ professional consultants, e.g. lawyers, accountants, and workplace health and safety officers.Employ industry specialists, e.g. marketers, business consultants and risk consultants.Consult associated professional organisations, e.g. Hoteliers' Association.Conduct your own research using industry publications, newspapers and insurance tables.
18 Project Planning Risk Assessment – Risk identification แนวทางเพื่อนำไปใช้ในการกำหนดความเสี่ยง:Risk TypePossible RiskRequirementsMismatchRequirement Change which requires major reworkLack of customer involvementExcessive RequirementsPeoplePersonal ShortfallsSkill mismatch/Lack of knowledgeSuccess model clashes
33 Project Planning Risk Control – Risk Resolution Risk Mitigation TechniqueRiskRisk Mitigation TechniquesPersonal Shortfalls/Lack of application domain knowledgeDefine Project-Specific training program.Put some more resources.Provide longer schedule for initial learning time.Requirement ChangesDefine change Policy/Plan/ProcessStakeholders agreement for all changes / Sign offRequirement MismatchPut prototype in PlanEstimate for effort / Schedule
34 Project Planning Risk Control – Risk Resolution Risk Mitigation TechniqueRiskRisk Mitigation TechniquesUnderestimated scheduleTracking progress and revise plan frequently. Revise plan must be made.User Interface mismatchPrototypingScenariosUser characterizationLegacy SoftwareDesign recoveryPhase out options analysisWrappers/Mediators/Restructuring
38 Project Planning Risk Management – MMMMM Measurerealize what risks you face, assess their probabilityand impact.Minimizeidentify what could be done to remove or reduce risksand do itMentionspeak to the sponsor, don't keep risks secret
39 Project Planning Risk Management – MMMMM Monitorkeep risks under review, monitor and reduce them asyou go alongModifyshare your experience, update your company'srisk checklists