The Handbook of Program Management, Chapter 8 - Program Risk Management
This chapter is from The Handbook of Program Management, which provides you with a solid framework for implementing a project management culture that will allow your company to maintain a pattern of repeatable success. You will learn how process--when integrated with technology and personnel--is the real key to delivering improved products and services for the long-term.
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25 percent addressed aggressive amount of reserve assumptions averse project manager budget current experience business level Business-level risks circumstances complete risk identification current experience base date slip project decisions end date slip ensure evaluation expected value filter and decide Five-by-Five Risk Matrix gram manager identified Keep Project Managers large lead less than 12½ likelihood and impacts lottery tickets maintain required scope Manager’s Risk Environment managing risks Matrix requires program milestone slip organization organizational passengers poor program management leadership program manager needs program manager’s responsibilities program manager’s risk program or project Program-level risks project budget current project end date project manager’s project risks Project-level risks reserve amount response plan risk averse project risk management plan risk management tools Risk Matrix LEVEL risk neutral Risk Response Matrix risk seeking risk-seeking project manager Scale for Five-by-Five scores slip project budget space shuttle stakeholders triple constraint underlying risk attitude wealth what’s