RISK MANAGEMENT

IDENTIFICATION IDENTIFICATION ASSESSMENT EVALUATION ANALYSIS MITIGATION
Part 1 : Introducing Risk

RISK DEFINITION
EVENTS THAT:
 Can cause damage or loss of Asset & Lives
 Leading to Existence or Creation of Uncertainty
 Reduce Performance or Control Level
 Increase Cost and Time But Reduce Quality

Risk Management Theory Flow Chart

RISK LEVEL CONTEXT

PROJECT FUNCTION RISK RELATIONS

RISK MANAGEMENT PROJECT GROUP WORK

PROJECT SELECTION AND GROUP ESTABLISHMENT :

n      Determine Group, members and leader

n      Determine Project Level &  Topic : Tol-Way, Port, Busway, Monorail, Condominium, Hospital, National, Regional, Company or other.

PROJECT EXECUTION STEPS :

n      Project Research Plan Proposal

n      Data Collection

n      Project Analysis

n      Project Documentation

n      Project Presentation.