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Erstellt von Amer Zavlan
vor etwa 9 Jahre
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Frage | Antworten |
What is risk ? | Risk is uncertainty that has an impact on project primary objectives in either positive or negative way. |
What are internal sources of risk ? | Senior management Project team and management Organization of the project |
What are external sources of risk ? | Acts of nature The client Laws and standards |
What are two subcategories of risk management ? | Risk assessment Risk control |
What is risk assessment ? | A risk subcategory which deals with risk identification, risk analysis and risk prioritization. |
What is risk control ? | A subcategory of risk management which involves risk planning, risk migration and risk monitoring. |
What are types of risks ? | Generic risks Product-specific risks Project risks Product risks Business risks |
What is generic risk ? | A risk that are threats to any project. Those include bankruptcy, loss of key personal values and change. |
What are product-specific risks ? | More quantified state of a generic risk. Revolving around the project. It is identified by those who understand project details. |
What are project risks ? | A division of generic risks. Has impact on schedule and/or resources, such as personal resources or budget. |
What are product risks ? | Further quantification of project-specific risk. This affects quality and performance of the software. |
What is business risk ? | A little bit generic and a little bit product risk. Deals with questions such as will the product be sold well on market, will it be used enough, does the product fin in the goal, etc. |
What are factors that affect identifying of risk ? | People Project size Process Technology Tools Organizational, managerial and customer estimation Sales Support |
How is risk probability evaluated ? | It is either: Put on a numerical scale for easier analysis. For example, 20% of chance to lose an employee, etc. OR Put in a category (very possible, highly improbable, etc.) |
What is risk impact evaluation ? | Evaluating what would happen if risk affected the project. |
What is delphi technique ? | Every team member evaluates risks' probability individually, and proceed to have a debate about evaluation afterwards. |
How should we deal with risks ? | Since dealing with all risks is redundant and unnecessary in most cases, we prioritize them, and try to solve them from top to bottom. (top - high priority) High probability risks should be high priority. |
How can we divide risk control ? | Mitigation and Monitoring |
What is risk mitigation ? | Calculating whether risk benefits would outweight risk costs. Sometimes involves calculating risk leverage. |
What is risk leverage formula ? | Risk Leverage = (risk exposure before reduction – risk exposure after reduction)/cost of risk reduction |
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