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risk
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- 1An uncertain event or condition that,ifit occurs, has a positive or negative effect on the project objectives.ProjectRisk
- 2involves understanding potential problems that might occur in the project and how they might impede project success.NegativeRisk
- 3result in good things happening; sometimes called opportunities, esPositive risks
- 4is the amount of satisfaction or pleasure received from a potential payoff.Risk utility or risk tolerance
- 5Deciding how to approach and plan the risk management activities for the project.Risk management planning
- 6: Determining which risks are likely to affect a project and documenting the characteristics of eachRisk identification
- 7Prioritizing risksbased ontheir probability and impact of occurrencequalitative risk analysis
- 8: Numerically estimatingthe effects of risks on projectobjectives.quantitative risk analysis
- 9Monitoring identified and residual risks, identifying new risks, carrying out risk response plans, andevaluating the effectiveness ofrisk strategies throughout the life ofthe project• Risk monitoring and control:
- 10a plan that documents the procedures for managing risk throughout a project.risk management plan
- 11are predefined actions that the projectteam willtake if an identified risk event occur• Contingency plans
- 12are developed for risks that have a high impact on meeting project objectives, and are put into effectif attempts to reduce the risk are not effective• Fallback plans
- 13are provisions held by the project sponsor or organization to reduce the risk of cost or schedule overruns to an acceptable levelContingency reserves or allowances
- 14Broad Categories ofRiskMarket, Financial, Technology,
People, Structure Risk - 15is a hierarchy of potential risk categories for aproject.Risk BreakdownStructure
- 16is the process of understanding what potential eventsmight hurt or enhance a particularproject.Risk Identification
- 17a technique by which a group attempts to generate ideas or find a solution for a specific problem by amassing ideas spontaneouslyand without judgmentbrainstorming
- 18used to derive a consensus among a panel of experts who make predictions about futuredevelopments.Delphi Technique
- 19Each individual silently writes her or his ideas on a piece of paperNominal Group Technique
- 20a fact‐finding technique for collecting information in face‐to‐face,phone, e‐mail, or instant‐messaging discussions.Interviewing
- 21Helps identify thebroad negative and positive risks that apply to a projecSWOT Analysis
- 22e main output ofthe risk identification process is a list of identified risksRisk Register
- 23refer to specific, uncertain events that may occur to the detriment or enhancement of the projectrisk events
- 24An identification number for each risk evenRisk Register Contents
- 25areindicators or symptoms ofactual risk events.triggers
- 26lists the relative probability of a risk occurring on one side of a matrix or axis on a chart and the relative impact of the risk occurring on the other.probability/impact matrix or chart
- 27Numbers that represent the overall risk of specificevents based on their probability of occurring and the consequences to the projectifthey do occurrisk factors
- 28a qualitative risk analysis tool that helps to identify risks and maintain an awareness of risks throughout the life of a project.Top Ten Risk Item Tracking
- 29a list of risks that are low priority, but a restillidentified as potentialriskswatch list
- 30diagramming analysis technique used to help select the best course of action in situations in which future outcomes are uncertaindecision tree
- 31is the product of a risk event probability and the risk event’s monetary value• Estimated monetary value
- 32Simulationa representation or model of a
system to analyze the expected behavior or
performance of thesystem - 33simulates a model’s outcome many times to provide a statistical distribution of the calculatedresults.Monte Carlo analysis
- 34a technique used to show the effects of changing one or more variables on an outcome.Sensitivity analysis
- 35Risk quantification tools andtechniquesProbability/impact matrixes
– The Top Ten Risk ItemTracking
– Expertjudgment - 36intuitive feelings and past experience of experts to help identify potential projectriskExpert Judgment
- 37After identifying and quantifying risks,you must decide how to respond to them.Risk ResponsePlanning
- 38strat for negative risk– Risk avoidance
– Risk acceptance
– Risk transference
– Risk mitigation - 39workaroundsare unplanned responses to risk
events that must be done when there are no contingency plans. - 40: doing whatever you can to make sure the positive riskhappens.• Risk exploitation
- 41allocating ownership ofthe risk to another part•Risk sharing
- 42changing the size of the opportunity by identifying and maximizingkey drivers of the positiverisk.Risk enhancement
- 43the project team cannotor choose not to take any action toward a risk.Risk enhancement
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- Fichas sobre risk, creado por Michael Angelo el 23/03/2024.
- Creado por
- Michael Angelo
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