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Risk Identification in large- scale projects Problems and challenges By Håvard Holm Giske 03.05.2013.

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Presentation on theme: "Risk Identification in large- scale projects Problems and challenges By Håvard Holm Giske 03.05.2013."— Presentation transcript:

1 Risk Identification in large- scale projects Problems and challenges By Håvard Holm Giske

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3 IT system development to manage sale of oil Project Deadline Project cancelled 67 mill EUR out of the window Not userfriendly Too expencive to operate New technology iTrade

4 PM Solutions Research Report 2011 © 2011 Project Management Solutions, Inc.

5 Risk Identification Projects can be: Successful/Not Successful Serious/Less Serious Delayed/On Time/Before Time Too expencive/Within Budget

6 Risk Identification Projects can: Turn out to be wrong Be a failure

7 SWOT analysis Strenghts: Location Capital Knowledge Weaknesses: Time Resources Opportunities: Competive advantage Be a cornerstone enterprise Increase revenue Threats: Competitors Government Increased exchange rate

8 Stakeholder analysis The buyer The seller Manager of business Government (ex. Portfolio minister, local members) People who may be affected (ex. Community) Special interest groups (enviromental groups) The media Why? Builds acceptance Generates constructiove solutions

9 Brainstorming 1. Gathering project team and expertise 2. Identify all risks 3. Find solutions (IPT)

10 To remember Not eliminate risks from consideration Understand the probability of a risk to occur – risk assessment Identify risks in an early stage Continue identify risks during the project ONE STEP FURTHER A SUCCESSFUL PROJECT

11 Sources 1. Risk identification ISBN: (PDF) ming&source=bl&ots=VhDtdqPaJ_&sig=NsUh0bYlphAm92ZvnvhqkQbRCuc&hl=no&sa=X&ei=njk- UeWkMMvA7Ab814CgCw&ved=0CDEQ6AEwAA#v=onepage&q=project%20risk%20identification%20brainstormi ng&f=false 2. SWOT 3. Factors influencing the success or failure of large-scale projects 4. Project Risk Management Guidelines – Managing Risks in Large Projects and Complex Procurements. ISBN: News article about Statoil and iTrade (Norwegian) html#.UUXHYVfaie


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