Risk Characteristics
Risk Characteristics By Abhilash Gopi Situational Changes in a situation can result in new risks. Such changes include replacing a team member, undergoing a reorganization, changing the scope of the project. Time based In...
Category: Risk Quantification & Analysis
What are the Components of Risk?
What are the Components of Risk? By Abhilash Gopi Risk has three components. These components need to be considered separately when determining on how to manage the risk Risk Components are: The event that...
What Is the Silver Lining for Projects?
What Is the Silver Lining for Projects? By Marge Tam The proverb “For every cloud there is a silver lining” can be interpreted as for every difficult situation there is some good to it....
How to Develop a Plan to Manage IT Risks
How to Develop a Plan to Manage IT Risks By Harry Hall Want to know the secret to managing IT risks? Drumroll please… A Risk Management Plan. Simple, huh? So simple as to be,...
Risk Management… The What, Why, and How
Risk Management… The What, Why, and How By Michael Stanleigh What Is Risk Management? Risk Management is the process of identifying, analyzing and responding to risk factors throughout the life of a project and...
Risk Management Within Your Project Management Process
Risk Management Within Your Project Management Process By Cora Systems Having a process in place to manage your projects is highly recommended as it gives project managers a set structure to work from. However...
Project Management – Perform Qualitative Risk Analysis
Project Management – Perform Qualitative Risk Analysis By Timber Chinn, Northwest University Once project risks are identified, they must be analyzed to determine how likely they are to actually happen and what impact they...
How to Determine the Probability of an Occurrence For the Risk You Face
How to Determine the Probability of an Occurrence For the Risk You Face By Glen D. Ford Once you’ve identified a risk event, your task isn’t over. Risk management requires you not only to...
A Risk Management Implementation
A Risk Management Implementation By Gary Hamilton, Gareth Byatt, and Jeff Hodgkinson As program or project managers, we have our hands full with the day-to-day management of our initiatives, and it is difficult enough...
How to Build ‘What-If’ Scenario Models
How to Build ‘What-If’ Scenario Models By David Blumhorst I talk to clients and prospects on a weekly basis about “What-If” analysis; most of the time the conversation revolves around capacity, specifically having enough...
