Create a risk management plan to determine how both positive and negative risks will be identified, analyzed and managed
• Articulate the value and benefits of creating an effective approach to planning for project risk management
• Identify project related risks and their drivers by integrating best practices, tools and techniques
• Analyze risks using qualitative methods for the purpose of risk exposure and prioritization and communicate their impact to the stakeholders
• Analyze risks using quantitative methods for the purpose of risk exposure and prioritization and communicate their impact to the stakeholders
• Recommend risks for risk response planning or watch list
• Devise a risk response plan based on appropriate techniques and strategies that would meet
——– Stakeholders’ expectations
• Execute the risk management plan to continuously monitor risks and risk responses
• Describe how organizational and cultural factors may undermine implementation of effective risk management and develop strategies to overcome these factors
0 comments