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Managing Project Risk

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Notes<br />

<strong>Managing</strong> <strong>Project</strong> <strong>Risk</strong><br />

<strong>Risk</strong> Analysis<br />

Inputs Tools<br />

Categorized list of identified risks<br />

WBS<br />

Contractual requirements (statement of work)<br />

Cost and schedule estimates<br />

Lessons learned files<br />

Staffing plan<br />

Other project-related plans<br />

Rating system guidelines<br />

Source: PMBOK® Guide, p. 239<br />

Data-gathering and Representation<br />

Techniques<br />

Interviewing<br />

Probability distributions<br />

Expert judgment<br />

Quantitative <strong>Risk</strong> Analysis and<br />

Modeling Techniques<br />

Sensitivity analysis<br />

Expected monetary value<br />

analysis<br />

Decision tree analysis<br />

Modeling and simulation<br />

PERT<br />

© ESI August 2007 dhy01-01.ppt<br />

1-31<br />

© ESI August 2007 dhy01-01.ppt<br />

1-31

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