Risk Identification Projects can be: Successful/Not Successful Serious/Less Serious Delayed/On Time/Before Time Too expencive/Within Budget
Risk Identification Projects can: Turn out to be wrong Be a failure
SWOT analysis Strenghts: Location Capital Knowledge Weaknesses: Time Resources Opportunities: Competive advantage Be a cornerstone enterprise Increase revenue Threats: Competitors Government Increased exchange rate
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
Brainstorming 1. Gathering project team and expertise 2. Identify all risks 3. Find solutions (IPT)
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
Sources 1. Risk identification ISBN: 0-309-54754-7 (PDF) http://books.google.no/books?id=SvhBDVRVliEC&pg=PA23&lpg=PA23&dq=project+risk+identification+brainstor 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 http://www.mindtools.com/pages/article/newTMC_05.htm 3. Factors influencing the success or failure of large-scale projects http://www.diplomainfo.org.uk/documents/Factors_influencing_the_success_or_failure_of_large_scale_pr.pdf 4. Project Risk Management Guidelines – Managing Risks in Large Projects and Complex Procurements. ISBN: 0-470-02281-7 5. News article about Statoil and iTrade (Norwegian) www.aftenposten.no/okonomi/Sved-av-en-halv-milliard-kroner-pa-mislykket-IT-prosjekt- 6937667.html#.UUXHYVfaie
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