1. R-1 Project Risk Management

2. R-2  Qualitative Risk Analysis  Quantitative Risk Analysis  Risk Response Planning  Sticky note technique  Risk matrix template  FMEA template  Case exercise

3. R-3 Cause & Effect (“fishbone”) diagrams, Delphi method, Brainstorming, Nominal Group Brainstorming, Creativity, Idea Generation Methods, mind mapping http://bcs.wiley.com/he-bcs/Books?action=resource&bcsId=6542&itemId=0470533021&resourceId=25566 www.wiley.com/college/meredith student companion site, appendices, creativity & idea generation www.thebrain.com http://www.mind-mapping.co.uk/make-mind-map.htm

4. R-4 Impact Probability Low Medium High

5. R-5 ThreatNameSeverity, SLikelihood,LAbilityToDetect, DRPN 167284 2854160 3485 432636 542756 Severity of the impact, S, 1=no effect, 10=very severe effect Likelihood of the threat occurring, L, 1=remote very unlikely, 10=almost certain Ability to Detect, D, 1=detectability is almost certain, 10=failure will not be detected in time to avoid or mitigate RPN=Risk Priority Number

6. R-6 We can also use other techniques (MC simulation, decision trees,...) to see possible effects of various time and cost estimates.

7. R-7 Avoid Transfer Mitigate Accept

8. Warehouse Software Implementation Project Divide into small groups Read about the project Develop a list of five (5) project threats or threat areas A – Construct a risk matrix B – Construct a FMEA table Discuss and explain. R-8