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RISK MANAGEMENT BASICS
RISK MANAGEMENT BASICS
WHAT IS RISK MANAGEMENT?
What is Risk Management?
Definition of Risk
Definition of Project Risk Management
Principles of Risk Management
Framework of Risk Management
RISK MANAGEMENT PROCESS
Risk Management Process
Process Diagram
Establishing the Context
Risk Identification
RISK ANALYSIS
Risk Analysis
Qualitative Risk Analysis
Quantitative Risk Analysis
Collecting Risk Analysis Inputs
Risk Evaluation
Risk Treatment
Communication & Consultation
Monitoring & Review
RISK ATTRIBUTES
Risk Attributes
Risk Properties
Risk Treatments / Mitigations
SCHEDULE RISK ANALYSIS
BASIC CONCEPTS
What is schedule risk analysis?
Why Perform Schedule Risk Analysis?
When to Perform Schedule Risk Analysis
Common Sources of Schedule Uncertainty
SCHEDULE RISK ANALYSIS PROCESS
Schedule Risk Analysis Process Overview
Schedule Preparation
Gathering Schedule Uncertainty Information
Assigning Schedule Uncertainty Ranges
Duration Risk Factors
Mapping Risks to the Schedule
Weather Modelling in Schedule Risk Analysis
Probabilistic Links & Branching
Duration Correlation
Schedule Monte Carlo Simulation
Interpretation of Schedule Analysis Results
Examination of Schedule Drivers
INTEGRATED COST & SCHEDULE RISK ANALYSIS
BASIC CONCEPTS
What is Integrated Cost & Schedule Risk Analysis?
The Evolution of the IRA Methodology
Why preform Integrated Cost & Schedule Risk Analysis?
When to preform Integrated Cost & Schedule Risk Analysis
Common Sources of Cost Uncertainty
The Importance of Commercial Arrangements
IRA PROCESS OVERVIEW
IRA Process Overview
Review Project Estimate & Risk Register
Conduct Risk Identification & Assessment Workshops
Mapping Costs to Schedule Tasks
Cost Correlation
Cost Risk Factors
Mapping Cost Risk Events
Other PRA Cost Functions
Integrated Cost & Schedule Monte Carlo Simulation
Interpretation of Cost Analysis Results
Examination of Probabilistic Cost Drivers
Published Articles
Forecasting Profit vs. Loss
Integrated Cost & Schedule Risk Analysis Methodology
Useful Links
Integrated Cost and Schedule Risk Analysis using Monte Carlo Simulation of a CPM Model (June 2011)
CPM Schedule Risk Modeling and Analysis: Special Considerations (May 2012)
YouTube Tutorials X
Introduction to Schedule Risk Analysis
Introduction to Schedule Risk Analysis: Video 02