Académique Documents
Professionnel Documents
Culture Documents
Exercise
We are working for the Ministry of Innovation and Technologies and we are asked to start an initiative (project or operational work?) to favour the introduction of new technologies in the families
write the scope statement
Risk Management
"No-one ever got fired for buying IBM", Modern proverb (now somewhat outmoded)
Risk management
Two definitions of risk:
Risk is the possibility of suffering loss Risk management collects techniques, know-how and process to help identify, assess, manage, and monitor risks
Risk Management
is used in several fields: - Finance - Insurance - Engineering (safety critical, security, ) -
and various techniques (FMEA, FTA, simulation, ) have been defined and adopted to assess it.
Initiating
Closing
Executing
The Risk Management Planning document is a subset of the project management plan.
RBS Example
Also:
Internal (can be controlled by the PM) External (outside the scope of the PM)
Software risks
Risk Staff turnover Management change Hardware unavailability Requirements change Specification delays Size underestimate CASE tool underperformance T echnology change Product competition Affects Project Project Project Project and product Project and product Project and product Product Business Business Description Experienced staff will leave the project before it is finished. There will be a change of organisational management with different priorities. Hardware that is essential for the project will not be delivered on schedule. There will be a larger number of changes to the requirements than anticipated. Specifications of essential interfaces are not available on schedule The size of the system has been underestimated. CASE tools which support the project do not perform as anticipated The underlying technology on which the system is built is superseded by new technology. A competitive product is marketed before the system is completed.
Risk Identification
Goal: understanding what are the risk that could potentially influence the project
Risk Identification
Sources: - External data (financial data, ) - Internal data (companys data, companys standards, ) - Project Team - Experts - ..
Risk Identification
Techniques - Information gathering
- Brainstorming, Delphi technique, interview, SWOT (Strength, Weaknesses, Opportunities, and Threats analysis)
Risk Identification
Basically two steps: 1. Identify risks 2. For each risk:
Describe the risk Describe the potential responses (countermeasures) Risk category Other characteristics:
Probability When it can occur Frequency Consequences
Frequency
Impact
Cause-Effect Diagram
Known under various different names: Cause-Effect diagram Fishbone Diagram Ishikawa (Kaoru Ishikawa - who invented in the sixties)
Machine
Method
Energy
Personnel
Environment
Gold-plating
Requirements scrubbing; prototyping; cost-benefit analysis; design to cost
Exercise
Define the risk register of the exercise proposed at the beginning of the lesson