Tag: Risk Management
Risk management framework: Change Control Management
A major element of the risk control process is change control management. Every detail of a project plan will not materialize as expected. Coping...
Risk Management Framework: Contingency Funding and Time Buffers
This article is part of the Risk Response Development process. This is considered to be a activity inside that process. To understand the full...
Risk Management Framework: Opportunity Management
This article is part of the Risk Response Development process. This is considered to be a activity inside that process. To understand the full...
Risk management framework: Risk Types
This article is part of the Risk Response Development process. This is considered to be a activity inside that process. To understand the full...
Risk management framework: Contingency Plan
A contingency plan is an alternative plan that will be used if a possible foreseen risk event becomes a reality. The contingency plan represents...
Risk Management Framework: Risk Control Response
Typically the results of the first three steps (Risk Identification, Risk Assessment, Risk Response Development) of the risk management process are summarized in a...
Risk Management Framework: Risk Response Development
When a risk event is identified and assessed, a decision must be made concerning which response is appropriate for the specific event.This will be...
Risk Management Framework: Probability Analysis
Probability analysis is one of the techniques that can be used in the Risk Assessment process. Although there are many statistical techniques available to...
Risk Management Framework: Risk Assessment
The Risk Identification Process produces a list of potential risks. Not all of these risks deserve attention. Some are trivial and can be ignored,...
Risk Management Framework: Risk Identification
The risk management framework begins by trying to generate a list of all the possible risks that could affect the project. Typically the project...
