RISK MANAGEMENT 2

PROJECT RISK MANAGEMENT DOCUMENTATION

n      Introduction : Background, goals, approach

n      The Context

n      Project Definition

n      Risk Identification & Evaluation

n      Risk Analysis and Quantification

n      Risk Modeling and Management : Impact, Causes and Treatment/Mitigation

n      Risk Project Documentation and Conclusions 

RISK MANAGEMENT RESEARCH PROCESS

n      Plan

n      Goals

n      Existing condition and context

n      Literature studies

n      Basic questionnaire for experts respondents

n      Basic Analysis for stakeholders respondents

n      Risk Modeling and analysis

n      Risk treatment Mitigation and recommendations

CONTEXT DEVELOPMENT

n      Background

n      Goals of a project and their performance measures

n      Relations between the internal and external factors and variables

n      Risk Issues that effect performance of projects

n      Empirical information and data of the project

RISK ISSUES IDENTIFICATION

n      Identify Risk Factor Issues X effecting performance Factors Yfj,

n      Identify Risk Factors X and their Xfij variables, i number of variables and j number of samples or respondents of Risk Factors

n      Criterion & Measures for Performance