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Risk Management Workshop

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Presentation on theme: "Risk Management Workshop"— Presentation transcript:

1 Risk Management Workshop
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2 Within Client Satisfaction
Agenda Introduction Risk Management Refresher Sailing Scenario Exercise Within Client Satisfaction Scope Time Cost Resources Risk Management Workshop

3 Introduction Image Area

4 Presenters Manos Stergen Barry Griffey Risk Management Workshop

5 Risk Management Refresher
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6 Risk Process Steps Identification: The process of transforming uncertainties about the project into distinct risks that can be described and measured, to identify risks before they occur and incorporate this information into the project management process. Analysis: Process by which a risk is analyzed, quantified and prioritized, in order to define the risk in decision-making information. Planning: Defining the overall strategy to address the risk – Transfer, Avoid, Acceptance, Mitigation. Track and Control: Gather data about the effectiveness of the plan and re-evaluate (if necessary). Report: Communicate relevant data to stakeholders. IDENTIFY Communicate Plan Analyze Control Track Risk Management Workshop

7 Risk Management Methodology
Identify Control Analyze Communicate Track Plan Project Phase #1 Project Phase #2 Project Phase #3 Project Phase #4 Risk Management Workshop

8 Sailing Scenario Image Area

9 Sail Boat Racing Scenario
Starting Line Going Fast Communications Maintaining Speed Risk Management Workshop

10 Exercise Image Area

11 Exercise #1 Break into groups of 3-5 or by table
Identify and document risks (5 minutes) Come back together as a group and each table describe one risk Risk Management Workshop

12 Identified Risks Person Overboard Boats crashing into each other
Weather Communication Tearing sails Risk Management Workshop

13 Exercise #2 Analyze one risk and determine risk response plan
Come back together and discuss Risk Management Workshop


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