LIST OF FIGURES

Figure 1-1. Hierarchy of PMI Project Risk Management Resources ....................................................2

Figure 1-2. Critical Success Factors for Project Risk Management .....................................................6

Figure 3-1. Project Risk Management Process Flow Diagram ...........................................................17

Figure 4-1. Key Areas of Focus for the Plan Risk Management Process ...........................................23

Figure 5-1. Three Perspectives of Risk Identification .........................................................................27

Figure 5-2. Cause, Risk, and Effect ......................................................................................................29

Figure 6-1. Building Risk Analysis Credibility .....................................................................................32

Figure 6-2. The Perform Qualitative Risk Analysis Process ...............................................................33

Figure 7-1. Comparison of Qualitative and Quantitative Approaches ................................................38

Figure 7-2. Structure of a Quantitative Risk Analysis .........................................................................41

Figure 8-1. Critical Success Factors for Risk Response Planning .....................................................44

Figure 8-2. The Steps Involved in Planning Risk Responses ..............................................................49

Figure 9-1. Schematic Representation of the Monitor and Control Risks Process............................53

©2009 Project Management Institute. Practice Standard for Project Risk Management

xi