Module 5: RAM, Risk Management, EVM

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<strong>Risk</strong> IdentificationDetermine which risk might affectthe project and document theircharacteristics…”things that go bump in the night”22 nd Annual NARPM Training Program22 nd Annual NARPM Training Program7
<strong>Risk</strong> Identification - RBSALL SOURCES OFPROJECT RISKTECHNICALRISKMANAGEMENTRISKCOMMERCIALRISKEXTERNALRISKSCOPEDEFINITIONPROJECTMANAGEMENTCONTRACTTERMSLEGISLATIONESTIMATESORGANIZATIONPROCUREMENTREGULATORYTECHNICALPROCESSESRESOURCINGSUPPLIERS &VENDORSSITE /FACILITIESTECHNOLOGYCOMMUNICATIONSUBCONTRACTORSENVIRONMENTAL/ WEATHER22 nd Annual NARPM Training Program22 nd Annual NARPM Training Program8
Page 2: Topics To Be Covered Responsibility
Page 5 and 6: Project Risk ManagementWhile Projec
Page 7: Risk Management PlanningDecide how
Page 12 and 13: Impact543Project Risk ManagementRis
Page 14 and 15: Project Risk ManagementRisk Respons
Page 16 and 17: Earned Value Management Methodology
Page 18 and 19: Performance MeasurementMeasure proj
Page 20 and 21: Planned Value Developed from the ba
Page 22 and 23: Earned Value A snapshot of the work
Page 24 and 25: COST (Dollars)$600KEarned Value$500
Page 26 and 27: COST (Dollars)$600KActual Cost$500K
Page 28 and 29: Schedule Variance (SV) Describes th
Page 30 and 31: Cost Variance (CV) Describes the di
Page 32 and 33: Variance At Completion (VAC) Descri

Module 5: RAM, Risk Management, EVM

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