Unified Methodology to Risk Management in Projects

article in a collection out of WoS and Scopus

English

In the submission is described the whole process of risk management that is possible to divide into six sub-processes (phases). In concrete, Risk management Planning, Risk Identification, Qualitative Risk Analysis, Quantitative Risk Analysis, Risk Response Planning, and Risk Monitoring and Control. In every of those phases we can use variety of methods, methodologies, techniques and tools. It depends on the concrete situation and general conditions in organizations. We distinguish both general methods (e.g. SWOT Analysis, Ishikawa Diagram), and more sophisticated methods (e.g. FMEA/FTA, HAZOP, SPC etc.) applied in a project. The paper demonstrates, by intuitive way, a complex procedure of risk management processes application. The main aim is to prevent risks and/or reduce their consequences in a project.

Project Project Management, Risk Management, PMBOK, Qualitative and Quantitative Analyses

KVĚTOŇOVÁ, Š.; KRESLÍKOVÁ, J.

2008

9. 9. 2008

Wroclaw University of Technology

Wroclaw

978-83-7493-400-8

Proceedings of the 14th International Congress of Cybernetics and Systems of WOCS

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