Comments on: Risk management in Project & Planning

By: ppy999

ppy999 — Tue, 10 Nov 2009 06:35:50 +0000

By: abbasi

abbasi — Tue, 10 Nov 2009 06:35:50 +0000

The stages of project risk management are as follows :

Risk Identification
Risk Analysis
Risk Response Planning
Risk Monitoring and Control

You can find a good example of how this is done at the link below.

By: frmhuna

frmhuna — Tue, 10 Nov 2009 06:35:50 +0000

There's a fairly standard set of processes including:

Risk Planning
Risk Identification
Risk Analysis (Qualitative and Quantitative)
Risk Response Planning
Risk Monitoring and Control

You can read a good description, including real templates etc at the Caltrans website – the link is below.

By: rami

rami — Tue, 10 Nov 2009 06:35:49 +0000

If you review the referenced risk management handbook from CalTrans you'll find not only a risk management process, but a list of potential risks starting on page 16.

By: mas

mas — Tue, 10 Nov 2009 06:35:49 +0000

1. New software implementation where all of your current systems are going to be replaced with a single, enterprise wide system like Peoplesoft or SAP.

2. Purchasing mortgage backed securities in today's market. Most are probably undervalued due the scare but how do you manage the risks.

3. Purchasing a home in a declining market.

By: Chanaka R

Chanaka R — Tue, 10 Nov 2009 06:35:49 +0000

If you use the link below you'll find a presentation by CalTrans on the topic of risk management, along with their risk management handbook.

In summary, it's about the identification, analysis, remediation, and monitoring of project risks. A risk being an uncertain event that may impact your project.

By: jesuitien

jesuitien — Tue, 10 Nov 2009 06:35:49 +0000

Goggle it!

You should find all sorts of info on that topic.

"Risk Management"

By: Lala

Lala — Tue, 10 Nov 2009 06:35:48 +0000

By: Jairah

Jairah — Tue, 10 Nov 2009 06:35:48 +0000