Chapter 10 Project Risk Management IP
Chapter 10: Project Risk Management
Learning Objectives Understand the importance of good project risk management Understand what risk is and describe different tolerances for risk Describe each of the processes involved in project risk management Identify common sources of risk on It projects and develop strategies for reducing them Describe common risk conditions that occur in each project management knowledge area and techniques for identifying potential risks on specific projects Use tools and techniques for qualitative and quantitative risk analySIS Describe can assist in project risk management Explain the results of good project risk management 2021/2/21 IP
2021/2/21 2 Learning Objectives ◼ Understand the importance of good project risk management ◼ Understand what risk is and describe different tolerances for risk ◼ Describe each of the processes involved in project risk management. ◼ Identify common sources of risk on IT projects and develop strategies for reducing them ◼ Describe common risk conditions that occur in each project management knowledge area and techniques for identifying potential risks on specific projects ◼ Use tools and techniques for qualitative and quantitative risk analysis. ◼ Describe can assist in project risk management ◼ Explain the results of good project risk management
Chapter outline The Importance of project risk management Risk management planning Common Sources of risk on Information Technology Projects Risk Identification Qualitative risk analysis Quantitative Risk Analysis Risk Response planning Risk Monitoring and control Using Software to Assist in Project risk management Results of good project risk management 2021/2/21 △|P
2021/2/21 3 Chapter Outline ◼ The Importance of Project Risk Management ◼ Risk Management Planning ◼ Common Sources of Risk on Information Technology Projects ◼ Risk Identification ◼ Qualitative Risk Analysis ◼ Quantitative Risk Analysis ◼ Risk Response Planning ◼ Risk Monitoring and Control ◼ Using Software to Assist in Project Risk Management ◼ Results of Good Project Risk Management
10.1 The Importance of Project Risk Management IP
10.1 The Importance of Project Risk Management
Project risk Management Project risk management is the art and science of identifying assigning and responding to risk throughout the life of a roject and in the best interests of meeting project objectives Risk management is often overlooked on projects, but it can help improve project success by helping select good projects, determining project scope, and developing realistic estimates 2021/2/21 AP
2021/2/21 5 Project Risk Management ◼ Project risk management is the art and science of identifying, assigning, and responding to risk throughout the life of a project and in the best interests of meeting project objectives ◼ Risk management is often overlooked on projects, but it can help improve project success by helping select good projects, determining project scope, and developing realistic estimates