TAILIEUCHUNG - Lecture Information technology project management (Sixth Edition): Chapter 11 - Kathy Schwalbe

Chapter 11 - Project risk management. Understand what risk is and the importance of good project risk management, discuss the elements involved in risk management planning and the contents of a risk management plan, list common sources of risks in information technology projects, | Note: See the text itself for full citations. Information Technology Project Management, Sixth Edition Understand what risk is and the importance of good project risk management Discuss the elements involved in risk management planning and the contents of a risk management plan List common sources of risks in information technology projects Information Technology Project Management, Sixth Edition Describe the process of identifying risks and be able to create a risk register Discuss the qualitative risk analysis process and explain how to calculate risk factors, create probability/impact matrixes, and apply the Top Ten Risk Item Tracking technique to rank risks Information Technology Project Management, Sixth Edition Explain the quantitative risk analysis process and how to apply decision trees, simulation, and sensitivity analysis to quantify risks Provide examples of using different risk response planning strategies to address both negative and positive risks Discuss what is involved in monitoring and controlling risks Describe how software can assist in project risk management Information Technology Project Management, Sixth Edition Project risk management is the art and science of identifying, analyzing, and responding to risk throughout the life of a project and in the best interests of meeting project objectives Risk management is often overlooked in projects, but it can help improve project success by helping select good projects, determining project scope, and developing realistic estimates Information Technology Project Management, Sixth Edition Study by Ibbs and Kwak shows risk has the lowest maturity rating of all knowledge areas A similar survey was completed with software development companies in Mauritius, South Africa in 2003, and risk management also had the lowest maturity KLCI study shows the benefits of following good software risk management practices Information Technology Project Management, Sixth Edition Information .

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