In your company are projects ranked in terms of risk

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Unformatted text preview: o b) Has your company developed any such training or vocabulary? Yes No Don’t know Either way, ask for more details: _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ 9. a) Do you think it is necessary for organisations to develop definitions of the risks it faces? Yes No b) Has your organisation developed such definitions? Yes No Don’t know If so, ask what are they are and how these were communicated to employees? _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ 201 10. What decision-making criteria are used in your company? • NPV ( Net present value ) • EMV ( Expected monetary value ) • DPI ( Discounted Profit to Investment ratio ) • IRR ( Internal rate of return ) • ROR ( Rate of return ) • Don’t know • Other ( give details below ) _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ 11.In your company, are projects ranked in terms of risk and reward? Yes No Don’t know 12. Has the ability to better understand and manage risk and uncertainty allowed your organisation to assume higher levels of risk? Yes No Don’t know 13. Are projects able to be stopped based on assessment of the risks and rewards? Yes No Don’t know 14. Has your company done anything specific in hiring personnel, or developed reward and recognition practices to encourage consideration of risk and uncertainty in decision-making? Yes No Don’t know 202 Decision-making techniques and software tools 15. Does your organisation use specific tools and processes to analyse and understand risk and uncertainty in decision-making? Yes No Don’t know If so, what tools do you use, what stage/level in the decision-making process are they used and how effective are they in this position? _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ 16. Which, if any, of the following techniques are you aware of? • Monte-Carlo • Decision Trees • Scenario Planning • Portfolio Theory • Juniper • Option theory • Analytic hierarchy process • Preference theory •...
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This document was uploaded on 03/30/2014.

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