Project Management Planning and Control Techniques  5th Edition u ISBN: 0-9582 733-1-6 u Rory Burke.

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Presentation transcript:

Project Management Planning and Control Techniques  5th Edition u ISBN: u Rory Burke

Project Management Planning and Control Techniques  Chapter 18 u Pages u Project Risk Management

Learning Outcomes u Understand the risk management model u Identify and respond to project ideas u Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan u Define Objectives u Identify Risks u Quantify Risks u Develop Response u Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262) u Eliminate Risk u Mitigate Risk u Deflect Risk u Accept Risk (with Contingency) u Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery u Page 267

Risk Management u End