GroundZeroPresentation4Risk

GroundZeroPresentation4Risk - Risk Management Plan Risk...

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Unformatted text preview: Risk Management Plan Risk Management Plan Hamil Homes Construction Hamil Homes Construction Overview Overview Definitions Definitions Risk - any event which is likely to adversely affect the ability of the project to achieve the defined objectives, which were set in the Hamil Home Construction Project Scope Statement. Issue an event previously defined (or not) as a risk that occurred and therefore affects the ability of the project to achieve the objectives Overview - Overview - key processes: key processes: Identification of project risks (Categories) RISK REGISTRY - Identification and prioritizing of project risks (Likelihood, Impact and Priority) Risk monitoring and Control Identification of risk mitigating actions (Risk Plan Schedule, Management Process) Risk Identification & Analysis Risk Identification & Analysis Categories Categories External Weather, Market (Economy), Customer/client, delivery, contractors, procurement Internal Organizational, Estimates, Employees Common Approval of permits Risk Identification Risk Identification Brainstorming, past project experience and fishbone diagrams PM and PT will hold a risk planning meeting to determine project risks Risks are determined through an analysis of measuring the probability of the risk happening and the impact that issue will have. Each risk is entered into the project risk registry, which identifies the risk name, description, probably, impact, risk analysis rating, the priority of the risk, the impact on the project schedule, cost and quality and the risk response. Risk Registry Risk Registry...
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This note was uploaded on 12/03/2009 for the course PROJECT MA mgmt1140 taught by Professor Dibel during the Spring '09 term at Conestoga.

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GroundZeroPresentation4Risk - Risk Management Plan Risk...

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