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What are the basic project risk management processes?

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تم إضافة السؤال من قبل Omar Alnajjar , Power Plant and Desalination Chief , Tabuk Cement Company
تاريخ النشر: 2017/10/05
Binsar Roy Christmas
من قبل Binsar Roy Christmas , Senior Consultant in ISO & HSSE Management Systems , AUZEL REJEKI, CV

Managing risks on projects is a process that includes risk assessment and a mitigation strategy for those risks. Risk assessment includes both the identification of potential risk and the evaluation of the potential impact of the risk. A risk mitigation plan is designed to eliminate or minimize the impact of the risk events—occurrences that have a negative impact on the project. Identifying risk is both a creative and a disciplined process. The creative process includes brainstorming sessions where the team is asked to create a list of everything that could go wrong. All ideas are welcome at this stage with the evaluation of the ideas coming later.

Anderson richardson
من قبل Anderson richardson , Work Supervisior 111 , Ministry of Local Government. and Ministry of Works

Risk management is the process of defining how to conduct risk management activities for a project. The processes are: Identify Risk  :Perform Qualitative risk analysis :Perform quantitative risk analysis and Plan risk responses :

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