A general introduction to risk management | Business Strategy

take risks every day. If you cross the street the risk of overflow. If we go down the stairs, we risk losing the road and fell. Taking risks is a common occurrence, they tend to ignore it. In fact, life would be unbearable if we constantly worry about whether a particular task or perform an action, because the risk or not projects acceptable.With But this luxury of ignoring the risks can not be allowed . By its nature, since the projects are inherently unique and often takes new techniques and procedures, which are prone to risk and the risk should be considered from the beginning. It is then subject to regular review and disciplined research process known as the implementation of risk management procedures management.Before risk, many organizations develop a risk management plan. This is a document at the beginning of the project, in which the requirements for strategic risk assessment and management process the total risk. In some cases, should the risk management plan produced at the time of the tender and the treasures of contracts to ensure that measures are taken to the costs of building plan offers document.The Project Management (PMP) must be A summary of the Risk Management Plan, which only the size and areas of risk management in particular types of risk that applied research should be defined. It also provides that the techniques used to measure risks and evaluate or SWOT (Strengths, opportunities, weaknesses and threats) is necessary and that the risks (if any) a more accurate quantitative analysis is required as Monte Carlo risk methods . The Management Plan will determine the type, frequency and content of reports, the functions of the owners of the risks and the definition of the criteria of impact and probability in terms of quality and / or quantitative, in terms of cost, time and / performance.The contents of a risk management plan are: * General introduction explains the need for the risk management process * Project description. Only needed if a separate document and not part of the PFP, * type of risk. Political, technical, financial, environmental, safety, security, etc. programs, * the processes of risk. The qualitative methods and / or quantitative, Max. nn are listed * Tools and techniques. Methods of identifying risks, the size of the array of IP, computer analysis, etc. * Risk reports. Update record period of risk exception reports, reports of events, etc. * Attachments. Key requirements of the project, the dangers, etc.The outstanding issues of risk management plan, an organization must follow a standard pattern to their knowledge (something like the standard conditions of contract), but each project will increase requires that A version tailored to their specific needs and offer management risks.Risk consists of stages which, if followed religiously, will enable us to better understand the risks of the project to get, which can endanger the criteria of cost, time, quality and safety of the project. The first three stages are often referred to as qualitative analysis is largely the main stages of consciousness process.Stage a risk: It is the stage where the project team began to realize that risks are considered. The risks may be indicated by a stranger, or the team might be able to experience their collective use. The important point is that if this attitude of mind is achieved, ie the project or aspects thereof, is at stake, takes very quickly to phase 2 ? Identifying risks: It is mainly a team effort where the scope of the project, according to the provisions of the specifications, contract and PDT is considered the aspects examined by a risk assessment of potential risks Phase 3:. This is the phase in which the qualitative two main characteristics of a risk probability and impact is examined.Stage April 5 evaluationStage risk Risk Management: The list and assessment of the risks and make a table of priorities for the next step is to decide how to manage risks

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