Managing Project Risk

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Notes Managing Project Risk Risk management plan Risk Monitoring and Control Overview Risk monitoring and control Execute Evaluate Document Updated risk response development Updated risk management plan Planned responses, evaluations, additional responses Project execution and control processes Updated prioritized risk list Risk reassessment Progress, deviations, variances © ESI August 2007 dhy01-01.ppt 1-54 © ESI August 2007 dhy01-01.ppt 1-54
Notes Managing Project Risk Step 6: Execute Risk Strategy Risk executing involves— Implementing risk response strategies in the project plan Monitoring and reacting to risk triggers, symptoms, indicators, and residual risks Communicating plan status to project stakeholders Document Evaluate Execute Risk Management Planning Document and Communicate Identify © ESI August 2007 dhy01-01.ppt 1-55 Analyze Prioritize © ESI August 2007 dhy01-01.ppt 1-55 Plan
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