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Etienne Cornu PhD, PMI-RMP, PMP

Project Risk Management


 

Project Risk Management is defined in the Project Management Institute PMBOK as having 6 elements: planning, identification, analysis, response planning, xxx and monitoring and control. Implementing these elements in an organization's process is just the beginning. 

Below are several concepts that can help improve risk management effectiveness:

 

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  • Risk Awareness and Readiness

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  • Rick Modelling

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  • Combined Cost and Schedule Simulation

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  • The Objectives of Risk Management

A successful project is a project that meets its objectives. Successful risk managements is achieved when risk management objectives are met. So what are the objectives of risk management?

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  • Risk Reserve Management

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  • Key Risk Indicators

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  • Risk Sensitivity Schedule

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  • Project Management Focused on Risk Management

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