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Project Management Orientation

The Purpose of Risk Analysis 

The purpose of risk analysis is to gather data about risk events.  You can then use this data to decide which risk events to mitigate. 
  
Risk analysis is a continual process conducted throughout the life of the project.  As the project progresses, the analysis for a risk event might change due to changes in the environment. 
  
Risk analysis includes:

Defining Probability and Impact 

To evaluate a risk event, you examine the probability of the risk occurring and the impact it will cause if it does occur.  You can use either a qualitative or quantitative approach to estimating.  
  

Estimating Probability
  
To estimate probability, ask yourself what the probability is that this event will occur.
1: Getting Started
2: Define the Project Team
3: Team Management
4: Identify and Validate Requirements
5: Create Decomposition Structures
6: Risk Management
7: Project Estimates
8: Project Schedules
9: Change Management
10: Project Control and Execution
Defining the Project
11: Project Management Review
12: Project Closeout
13: Project Management Tool Suite
14: Self-Assessment and Final Exam
Fast Points
Concepts
Seven Keys
Case Study
WWPMM
Mentor
Check Point
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