IT rojsek management Risk Management Planning a The main output of risk management planning is a risk management plan a The project team should review project documents and understand the organizations and th sponsor's approach to risk E Project charter, WBS, roles and responsibilities, Stakeholder risk tolerances, and the organizations risk management policies, etc project Project Integration Management
Project Integration Management 11 Risk Management Planning ◼ The main output of risk management planning is a risk management plan ◼ The project team should review project documents and understand the organization’s and the sponsor’s approach to risk ◼ Base the review , the project team can formulate a risk management plan ◼ The level of detail will vary with the needs of the project Project charter, WBS, roles and responsibilities, Stakeholder risk tolerances, and the organization’s risk management policies, etc. IT Project Management
IT Project management Questions Addressed in a Risk Management Plan Why is it important to take/not take this risk in relation to the project objectives? What is the specific risk, and what are the risk mitigation deliverables? How is the risk going to be mitigated?(What risk mitigation approach is to be used? Who are the individuals responsible for implementing the risk management plan? When will the milestones associated with the mitigation approach occur? How much is required in terms of resources to mitigate risk? Project Integration Management 12
Project Integration Management 12 Questions Addressed in a Risk Management Plan IT Project Management
IT rojsek management The risk management plan should includes: Methodology for risk management a roles and responsibilities for activities involved in risk management a Budgets and schedules for the risk management activities Descriptions of scoring and interpretation methods used for the qualitative and quantitative analyses of risk Threshold(极限) criteria for risks Reporting formats for risk management activities a description of how the team will track and document risk activities Project Integration Management 13
Project Integration Management 13 ◼ The risk management plan should includes: ◼ Methodology for risk management ◼ Roles and responsibilities for activities involved in risk management ◼ Budgets and schedules for the risk management activities ◼ Descriptions of scoring and interpretation methods used for the qualitative and quantitative analyses of risk ◼ Threshold(极限) criteria for risks ◼ Reporting formats for risk management activities ◼ A description of how the team will track and document risk activities. IT Project Management
IT Project management ontingency, Fallback Plans, and Contingency Reserves a Contingency(意外事成plms are predefined actions that the project team will take if an identified risk event occurs Fallback plans are developed for risks that have a high impact on meeting project objectives, and are put into effect if attempts to reduce the risk are not effective a Contingency reserve or allowances ■ are provisions(预备) held by the project sponsor that can be used to mitigate cost or schedule risk if changes in scope or quality occur Project Integration Management
Project Integration Management 14 Contingency, Fallback Plans, and Contingency Reserves ◼ Contingency(意外事故) plans ◼ are predefined actions that the project team will take if an identified risk event occurs ◼ Fallback plans ◼ are developed for risks that have a high impact on meeting project objectives, and are put into effect if attempts to reduce the risk are not effective ◼ Contingency reserve or allowances ◼ are provisions（预备） held by the project sponsor that can be used to mitigate cost or schedule risk if changes in scope or quality occur IT Project Management