Introducing Project Risk Management - Identifying Risks
12 important questions on Introducing Project Risk Management - Identifying Risks
What is the most important document that serves as input for risk identification?
What is important for the people identifying the risks?
What is important when identifying project risks?
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What are techniques a project manager with others could use for risk identification?
- Reviewing of the project documents
- Testing the assumptions
- Brainstorming the project
- Using the Delphi Technique
- Interviewing
- SWOT Analysis
- Utilizing Diagram Techniques
What is important when dealing with assumptions?
- That all assumptions and their conditions are recorded in the assumptions log
- That the assumptions log is updated based on the accuracy and the outcomes of assumptions testing
- That the assumptions are tested and weighed to truncate the possibility of an assumption turning against the project.
Assumptions weighting, what two factors are being used?
- Assumption stability - how reliable is the information that led to this assumption
- Assumption consequence - what is the effect on the project if this assumption is false
How the brainstorming technique used?
What is the purpose of the Delphi Technique in identification of risks?
What is the advantage of using the interview technique for risk identification?
Which diagramming techniques can help to identify risks?
- Ishikawa - cause and effect diagrams
- Flowcharts - the relationship between components, identify risks between system components
- Influence diagrams - charts out a decision problem
What is the purpose of a risk register?
What is the difference between qualitative and quantitative?
- Qualitative - you are qualifying or justifying the seriousness of the risk for further analysis
- Quantitative - quantify the risk effects on the project in terms of schedule impact, health and safety, reputation
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
