Project Risk Management

1. IS370 – Project Management Instructor: Ms.Fatin Al-Qahtani Project Risk Management Maliha Hussain Deema Alkhalaf Ayah Aswad

2. Outline • Risk Management • Types • Identification • Risk Register • Qualitative Analysis • Probability/Impact Matrix

3. Risk Management • Identify, analyze, and respond to risk throughout the project life to meet the best interests of project objectives. • Often overlooked in projects • Improves success by helping select good projects, determining project scope, and developing realistic estimates

4. Types of Risks • Riskis an uncertainty with negative or positive effect • Negative risk involves potential problems and how they might impede project success, like insurance; • investment • Positive risks result in good things happening; • opportunities Goal: minimize –ive risks maximize +ive risks

5. Risk Identification

6. Risk Register

14. Qualitative Risk Analysis

15. Probability/Impact Matrix

16. Thank you 