18 Risk Management 商务英语函电课件PPT.pptVIP

Introduction to Buisiness Risk Management Something Nasty in the Woodshed What is Risk? A future event (or series of events) with a probability of occurrence and the potential for loss or impact on objectives that can be either positive or negative Objective Improve predictability of a project Project Predictability Project Predictability Types of Risks Speculative Risk Prospect of making a profit Insurable Risk Accidental Measurable Predictable Geographical confinement Financial severity Iterative Risk Management Process RM is a continuous process. Risk Analysis Describe the risks Brainstorming potential risks Walkthrough of the risk identification checklist Analyze prioritize the risks Walkthrough risk sheet estimate the probability and cost of each risk Calculate risk rating of each risk (e.g. likelihood * consequence) Prioritize on risk classes, concentrate on class “high” Sample Risk Grid Likelihood Consequences Risk Response Options Risk avoidance A few risks can be avoided (e.g. avoid a specific requirement) Impractical Risk transference Go for insurance Risk deferral Risk Response Options (Cont’d) Risk mitigation List mitigation actions Start with most severe risks List possible actions to reduce probability and/or cost Risk acceptance Contingency planning Only for the most severe risks that cannot be mitigated List actions to take should the risk materialize Risk Accommodation in Real World Planning Approaches to Risk Management? Don’t Shoot the Messenger * * Package Mandate Goal Implementation Monitor Control Planning Prioritize Risks Describe Risks Identify Analyze What are important risks? What exactly is the risk? What can go wrong? What has to be changed? What shall we do to reduce severity or avoid risk? What is the risk status? What are the tasks of RM? What did we learn? High Significant Moderate Minor Low High Significant Moderate Minor Low Consequence Likelihood 5 4 3 2 1 Level Cannot mitigate this type o