How is risk assessment performed?
Project risk management works on risk assessment based on their time frame, probability of occurrence, implications for their access, and finally the expected reaction and activity, the risk ranges from 0 to 81 where the value 81 is the highest risk for a project. Overall, the degree is between 35-81 degrees high (red), 18-35 degrees medium (yellow), 0-18 degrees low (Green)
Response Activity Definitions:
The risk can be assessed as we have seen, depending on the response activity, ie, extending the success of the risk response activities at a specific time. If the response plan is effective and works to remove the risks, we say that it is an effective and effective plan. If there is a plan but it has not yet been taken, it is not a valid plan. If there is no plan, this means that the response has not shown any progress.
Insurance and risk management in projects within a long series of courses under the title: Project Management and Strategic Planning.
- Introduction to project control.
- Map of the project.
- Challenges faced by managers in controlling and controlling the project.
- Safety standards in starting, managing and implementing the project.
- Types of control in the project.
- Project Context & Stakeholders
- Project Estimating Techniques
- Defining Scope via Work Breakdown Structure (WBS)
- Identification Inputs & Tools
- Risk Identification Techniques & Categories
- Risk Identification Outputs
- Decision Trees
- Risk Prioritization
- Risk Response Strategy Guidelines
- Response Strategies for Threats & Opportunities
- Response Planning & Analysis
- Response and Expected Monetary Value
- Alternative Responses
- Response Validation
- Reserves - Contingency & Management