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Summary Ch 8-9 Rita Mulcahy Project Management.pptx
- 1. Kelompok 3 : 1. Anintiya Maharani (6032231024) 2. Hermawan (6032232124) 3. Alfina Wijanarno (6032232042) 4. Fifin Rahmaudina Yuniar (6032232066) Summary Ch. 8- 9 Rita Mulcahys Book Dosen Pengampu : Ir. I Putu Artama Wiguna MT. Ph.D.
- 2. NAME OR LOGO 2 Objectives : 1. Implement the risk response plans, ensure compliance, and manage progress 2. Manage the contingency and management reserves 3. Create workarounds 4. Control the project risk 5. Refine and update the risk register 6. Perform additional risk identification, qualitative and quantitative risk analysis, and risk response planning 7. Reestimate the project 8. Keep stakeholders informed about the status of risks on the project-communicate about risks 9. Create lessons learned 10. Evaluate the risk impact of scope, schedule, cost, and other change requests Chapter 8 : Monitor and Control Risks Manage the Highest Risk Path, Not Just the Critical Path
- 3. NAME OR LOGO 3 If well managed, risk reviews will result in: Additional risk response planning ideas Changing the order of the top risks Revisiting non-top risks to see if the ranking of non- top (or even top) risks needs to change Adjusting to the severity of actual risks Determining if assumptions are still valid Looking for any unexpected effects or consequences of risks Monitoring residual risks Reviewing all workaround situations to see if they provide insight into the existence of additional risks Making changes to the project management plan when new risk responses are developed Measuring Performance through Risk Audits Reviewing if the right risk owners have been assigned to each risk Determining i (the risk owners are effective Examining and documenting the effectiveness of contingency plans and fallback plans Earned value analysis is used to quantitatively measure and monitor overall project performance against the project baseline. It entails an analysis of the value to the company of the cost and time put into a project and makes use of actual project information to measure cost and schedule performance.
- 4. NAME OR LOGO 4
- 5. NAME OR LOGO 5 A risk reserves report keeps a running balance of the remaining reserve and helps the project manager control the reserve. Contingency and management reserves must be controlled, not just used for any need that arises. Do not assume all the risks have been identified in the Identify Risks process. Risk management should be one of the most important topics at each team meeting. Workarounds should be less frequent than implementing risk response plans. Taking corrective action involves taking measures of performance, taking action, and evaluating the effectiveness of the corrective action. The more you communicate about risks, the less likely they are to occur. Remember to communicate with stakeholders. Prove the effectiveness of risk management by showing and reporting results. Risk response audits help you to determine lessons learned.
- 6. NAME OR LOGO 6 Activities in the Monitor and Control Risks Process The following activities arc part of the Monitor and Control Risks process: Managing the risk management plan and risk response plans Watching for triggers (events that show that a risk is about to occur or has occurred) Keeping track of the identified risks Managing the reserves Ensuring the execution of the risk management plan and risk response plans Dealing with risks that were not identified Performing workarounds (in other words, dealing with problems) Performing risk audits Performing risk reviews Coming up with additional risk response planning ideas Taking corrective action to adjust to the severity of actual risks Revisiting non-top risks to see if the rankings of non-top (or even top) risks need to change, or if risk responses need to be determined Collecting and communicating risk status Communicating with stakeholders about risks Determining if assumptions are still valid Looking for any unexpected effects or consequences of risk events Monitoring residual risks Identifying new risks Reviewing all workaround situations to see if they provide insight into the existence of additional risks Updating the risk register Making changes to the project management plan when new risk responses are developed Creating a database of ric;k data that may be used throughout the organization on other projects
- 7. NAME OR LOGO 7 Recording results of team meetings and other meetings Reviewing results from other projects not yet formalized into lessons learned Reevaluating risk identification and qualitative and quantitative risk analysis when the project deviates from the baseline Outputs : Risk Register Updates The risk register is updated with the following information as a result of this process: Outcomes of the risk reassessments and risk audits Updates to previous parts of risk management, including the identification of new risks Closing of risks that are no longer applicable Details of what happened when risks occurred Lessons learned Change Requests, Including Recommended Corrective and Preventive Actions The Monitor and Control Risks process will uncover changes needed to the project. Project Management Plan Updates The Monitor and Control Risks process can result in updates to the schedule, cost, quality, and procurement management plans, as well as the human resource plan, the WBS, and the time and cost baselir.es for the project.
- 8. NAME OR LOGO 8 Risk Governance Risk governance involves making sure risk management activities are effective, consistent, and continuously improved The project manager, PMO, or company management may be responsible for risk governance Risk governance includes: Standards, policies, procedures, and practices Lessons learned management Creation of metrics Monitoring and controlling risks
- 9. NAME OR LOGO 9 Paper Related Risk Monitoring of buildings with wireless sensor networks The Practice of Risk Governance : lessons from the field
- 10. Thank You Anintiya Maharani +62 852 3553 2946 anintiya@email.com