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SAB9#129_PERFORM_QUANTITATIVE_RISK_ANALYSIS
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SAB9#129_PERFORM_QUANTITATIVE_RISK_ANALYSIS
- It is not required for all projects. Proceed with quantitative risk analysis only if it is worth the time and money on your project.
OPA's
RISK REGISTER
RISK MANAGEMENT PLAN
SCHEDULE MANAGEMENT PLAN
EEF's
COST MANAGEMENT PLAN
DATA GATHERING AND REPRESENTATION TECHNIQUES
- Get more information
- Interviewing, probablily distribution, expert judgment.
QUANTITATIVE RISK ANALYSUS AND MODELING TECHNIQUES
- Analyze the information
- Sensitivity analysis
- Expected monetary value analysis
- Decision tree analysis
- Modeling and simulation.
- Monte Carlo
EXPERT JUDGMENT
PROJECT DOCUMENTS UPDATES
- RISK REGISTER UPDATES
Is a more objective or numerical evaluation.
Further investigate the highest rated risks on the project.
Perform sensitive analysis to determine which risks have the most impact on the project or how could affect the objectives.
How much quantified risk the project has thorugh expected monetary value analysis or Monte Carlo analysis.
HOW MUCH COULD RISKS COST IN TIME OR MONEY??
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- Mind Map on SAB9#129_PERFORM_QUANTITATIVE_RISK_ANALYSIS, created by SUSY BOTELLO on 11/03/2016.
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