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13:00 Risk Management: RM

  • Bogdan Lent
Chapter

Abstract

Risk, defined as occurrences with negative impact on a project, shall be analysed and with first countermeasures treated already in the first approach to structure the project in Planning & Scheduling. Subsequently the risk detection system shall be conceived. Composite Risk Index (CRI) is as a multiplication of the probability of the occurrence P and potential damages D. The risk handling strategies: avoidance, reduction, sharing and retention, called also ACAT (US defense industrial procurements) are presented.

Praxis biased risk identification and risk assessment techniques extended with the assessment of the precautionary measures along Cost-Benefit-Analysis (CBA) and subsequent ABC-Analysis are practical tools of project management.

Examples of Templates, Checklists and Bibliography close the Chapter.

Quick look at the beginning of the Chapter that gives cornerstone assessment of the process is presented here.

Keywords

Risk Analysis Risk Management Check List Project Goal Risk Identification 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Bibliography

  1. Bundschuh M (2003) Projekterfolgs- und misserfolgskriterien. In: Rationalisierungskuratorium der Deutschen Wirtschaft e.V. (Hrsg) Projektmanagement Fachmann, Band 1, 7th edn. EschbornGoogle Scholar
  2. Cadle J, Yeates D, edt. (2008) Project Management for Information Systems. 5th Edt. Pearson/Prentice Hall, Englewood CliffsGoogle Scholar
  3. Gaulke M (2004) Risikomanagement in IT-Projekten, Oldenbourg Wissenschaftsverlag, MünchenGoogle Scholar
  4. HERMES 2003 (2003) Führen und Abwickeln von Projekten in der Informations- und Kommunikationstechnik; Informatikstrategieorgan Bund ISB, BernGoogle Scholar
  5. HERMES 2005 (2005) Führen und Abwickeln von Projekten der Informations- und Kommunikationstechnik (IKT), Systemadaptation, Informatikstrategieorgan Bund ISB, BernGoogle Scholar
  6. ISO 21500:2012 (2012) Guidance on project management, ICS 03.100.40, ISO GenevaGoogle Scholar
  7. ISO/DIS 31000 (2009) Risk management- principles and guidelines on implementation, ISO GenevaGoogle Scholar
  8. Mishan EJ, Quah E (2007) Cost benefit analysis, 5th edn. Routledge, London/New YorkGoogle Scholar
  9. Rohrschneider U (2003) Risikomanagement. In: Rational-isierungskuratorium der Deutschen Wirtschaft e.V. (Hrsg) Projektmanagement Fachmann, Band 2, 7. Auflage, EschbornGoogle Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  • Bogdan Lent
    • 1
  1. 1.Bern University of Applied SciencesBernSwitzerland

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