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Simplified Risk Management Planning For
Simplified Risk Management Planning For
Simplified Risk Management Planning For
Simplified
Risk Management Planning
for <Project>
<facilitator>
<date>
1
Risk Management
2
Risk Management Process
Ref. Guide for the Process of Managing Risk on Rapid Renewal Projects 3
Objectives
4
Notes on Objectives
Establish risk management scope (performance measures,
project alternatives, exclusions/scenarios).
Per <DOT>, not evaluating uncertainty in project
performance, so that risk assessment:
focuses on risk severity and ranking only
is expressed in terms of “ratings” or mean values
uses previously developed forms/template
can be basis for subsequent analysis of project cost and
schedule uncertainty (budget/contingency/milestones)
First evaluate <primary project case>, and then quickly
evaluate <secondary project case(s)>, in terms of key
differences from primary case
5
Agenda of 2-day Workshop
8
Project Scope, Strategy, Conditions
9
Risk Management Process
10
Structuring
Cost Disruption
$100 million 1 M-hr
13
Risk Identification
14
Risk Identification
17
Risk Assessment
18
Risk Assessment
19
Risk Assessment - Ratings
20
Risk Assessment - Ratings
21
Risk Assessment - Ratings
22
23
Risk Assessment – Mean Values
25
Risk Assessment
27
Risk Management Planning
28
Risk Management Planning
30
Risk Management Process
Questions? 31