Unformatted text preview: nderstanding of the
project and the surrounding environment”.
Identifying risks simply requires some preparation
work. Dr. Maged Ezzat Georgy The
Typically, the “available” project documents are a
good source for information, such as:
◦ Scope / method statements.
◦ Activity listing.
◦ Project schedule.
◦ Cost estimates. Dr. Maged Ezzat Georgy The Beginning
◦ Resource plan and requirements.
◦ Quality plan.
◦ Organizational structure.
◦ Procurement polices.
◦ etc. Dr. Maged Ezzat Georgy How
How to Identify Project Risks
Tools/techniques for identifying risks:
◦ Historical information & records.
◦ Brainstorming sessions.
◦ Nominal group technique.
◦ Delphi method.
◦ Cause-effect (Ishikawa or fishbone) diagrams.
Dr. Maged Ezzat Georgy Historical Records
Many risk experts recommend that you start with
reviewing the records of past projects that are
◦ Scope. Use the records to learn from experiences of the
Dr. Maged Ezzat Georgy Historical
In the historical records and lessons learned,
you find a wealth of information about:
◦ Risks encountered.
◦ Impacts these risks had on the earlier
◦ The response actions implemented.
◦ Effectiveness of these response actions. Dr. Maged Ezzat Georgy Checklists
Comprehensive checklists can be also used to help
identify the risks of a given project.
These checklists are typically developed for a specific
type of projects via:
◦ Internal company effort based on previous projects,
◦ Industry institutes and chapters, and
◦ Publications & websites. Dr. Maged Ezzat Georgy C
Dr. Maged Ezzat Georgy Interviews
This technique involves question-and-answer sessions
◦ Domain experts (both insiders and outsiders),
◦ Project stakeholders,
◦ Other senior project/functional managers, or
◦ Anyone who can significantly as...
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- Winter '14