This video compares and contrasts risk identification approaches from project scenarios to give you an opportunity to determine the best risk identification approach for your project.
- There's a saying,…"A plan has no chance when it meets reality."…I hope that doesn't apply to your risk management.…Here are some specific approaches I recommend…to ensure your risk management plans…effectively help you manage risks…and their impacts on your project.…Apply these as appropriate…based on the type of project you're running.…First, seek out experienced project managers…to participate in building…or to review your risk identification list.…
Having people who've been there and done that…gives you a great advantage when building risk plans.…You don't want to call upon just any project manager however.…Two sets of experience are most helpful.…Finding a project manager…who has worked with your specific client…or area of the business before…can give you valuable insights.…Knowing your client's risk sensitivities,…those areas they'll be most concerned about,…can focus your risk management planning.…
If you're working in an industry or technology…that's new to you, find a project manager…with that industry or technology experience.…
Note: This course follows the latest guidance from Project Management Institute, Inc., as outlined the PMBOK® 6 Guide.
- Explore why dealing with risks needs to be part of the everyday process used to manage a project.
- Learn to outline the most common, pragmatic approaches to identifying risks specific to a project.
- Recall methods for qualifying and quantifying your risks to determine specific risks and manage their costs.
- Examine the primary considerations for a project risk plan and what components should be included in every plan.
- Assess techniques that help you identify the overall risk a project presents to your business.
- Examine several risk analysis and filtering examples that help ensure you've addressed individual risks properly on your project.