Slide 1

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 2

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 3

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 4

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 5

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 6

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 7

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 8

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 9

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 10

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 11

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 12

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 13

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 14

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 15

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End


Slide 16

Project Management
Planning and Control
Techniques


5th Edition

 ISBN: 0-9582 733-1-6



Rory Burke

Project Management
Planning and Control
Techniques


Chapter 18

 Pages 252-269



Project Risk Management

Learning Outcomes
 Understand

the risk management

model
 Identify and respond to project ideas
 Develop a disaster recovery plan

Risk Continuum (page 252)

Risk Management Plan
 Define

Objectives
 Identify Risks
 Quantify Risks
 Develop Response
 Control Risk

Risk Management Model

Risk vs Amount at Stake

Influence vs Cost of Change

Risk Responsibility OBS

Wheel of Misfortune

Probability Impact Matrix

Risk Response (page 262)
 Eliminate

Risk
 Mitigate Risk
 Deflect Risk
 Accept Risk (with Contingency)
 Turn Risk into Opportunity

Contracts (page 264)

Risk Control (page 267)

Disaster Recovery
 Page

267

Risk Management
 End