December 2013
Beginner to intermediate
288 pages
6h 18m
English
Content preview from The Project Management Tool Kit, 3rd Edition
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RISK PROCESS
78
Risk-Management Planning (PMBOK® Guide 11.1)
| What: | Documenting how you will deal with project risks. | |
| When: | Project planning. | |
| Results: | Understanding of project stakeholder risk tolerance and a systematic approach for dealing with project risk. |
Assess Stakeholder Risk Tolerance
Different organizations have radically different perceptions of risk. Assess the willingness to accept risk among the sponsors, stakeholders, and team members through:
- Meetings
- Discussions and interviews
- Review of organizational policies
- Development of the project charter and other initial project documents
Test project assumptions by asking clarifying questions of the people listed in stakeholder identification. Validate risk tolerances ...
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