RISK MANAGEMENT.

Slides:



Advertisements
Similar presentations
Behavior.
Advertisements

Mindari Session Scoutsafe and Risk Management By RL Brian See
National Smartcard Project Work Package 8 – Risk Register.
Project Management Gaafar 2007 / 1 This Presentation is uses information from PMBOK Guide 2000 Project Management Risk Management* Dr. Lotfi Gaafar.
Tax Risk Management Keeping Up with the Ever-Changing World of Corporate Tax March 27, 2007 Tax Services Bryan Slone March 27, 2007.
Service Design – Section 4.5 Service Continuity Management.
Risk Assessment and Management Katie Matthews GEOG 350 November 8, 2007.
Projmgmt-1/33 DePaul University Project Management I - Risk Management Instructor: David A. Lash.
Software project management (intro)
1 Risk evaluation Risk treatment. 2 Risk Management Process Risk Management Process.
Annex I: Methods & Tools prepared by some members of the ICH Q9 EWG for example only; not an official policy/guidance July 2006, slide 1 ICH Q9 QUALITY.
61 What is hazard risk management?. 62 Emergency risk management is “a systematic process that produces a range of measures that contribute to the well.
Planning and Strategic Management
ELECTRONIC SYSTEMS ENGINEERING TECHNOLOGY TEXAS A&M UNIVERSITY Innovating tomorrow’s products and systems today Dr. Joseph A. Morgan, D.E., P.E.
PRM 702 Project Risk Management Lecture #28
Project Risk Management Supplement. The Importance of Project Risk Management  Project risk management is the art and science of identifying, assigning,
Chapter 11: Project Risk Management
Quantitative Decision Making and Risk Management CS3300 Fall 2015.
EQAA 11th Session Jamil Kalat-Malho Jong Ho Lee
Managing Risk. Objectives  To Describe Risk Management concepts and techniques  To calculate and analyze a project using Probability of completion 
OLA 1069 T 1008 Planning Solutions for Small to Midsized Businesses.
How lawyers & paralegals can add value after contract execution Contracts Signing after.
The Risk Adverse Property Management Firm Understanding the risks to your business and methods to manage those risks.
Tingxuan Liu Risk Management in Software engineering.
Hartley, Project Management: Integrating Strategy, Operations and Change, 3e Tilde Publishing Chapter 10 Risk Management Proactively managing the positive.
IT Project Management, Third Edition Chapter 11 1 Chapter 6: Project Risk Management.
Risk Management in the Built Environment Qualitative and Quantitative Risk Management By Professor Simon Burtonshaw-Gunn – licensed under the Creative.
Risk Mitigation.  Risk Mitigation The most important component of driving down the cost of risk for an organization is a strategically designed risk.
Chapter 6 – Personal Risk Management Lesson 6
Project Management IV1021Fö5 Risk Management. Agenda Project Risk Project Risk Management The Risk Management Process Goal: get an understanding of basic.
Certified Protection Officer Program. Chapter 1 Unit 1 Concepts and Theories of Asset Protection Pages 3-11.
Team Assignment 10 K15T02-Team Scope 2.Risk Management Process 3.How to determine the impart of risk 4.Top 10 risk of Viking.
Introduction to Risk Management & Insurance Personal Finance Mr. Lamberti.
Project management Topic 5 Risk. What is risk? An uncertain outcome – either from a positive opportunity or negative threat Risk management is about:
Title. 1 Breakout Session: A5 Dr. Mike Criss, Senior Fellow, Fluor Corporation Date November 5, 2012 Time12:30 – 1:45 PM Risk Fundamentals for Contract.
RISK MANAGEMENT FOR COMMUNITY EVENTS. Today’s Session Risk Management – why is it important? Risk Management and Risk Assessment concepts Steps in the.
DARSHANA RAGHU MANAGEMENT. Risk Management Risk management is the identification, assessment, and prioritization of risks followed by coordinated and.
The Action Planning Process & Template Developing Your International Risk Management Action Plan.
ON “SOFTWARE ENGINEERING” SUBJECT TOPIC “RISK ANALYSIS AND MANAGEMENT” MASTER OF COMPUTER APPLICATION (5th Semester) Presented by: ANOOP GANGWAR SRMSCET,
Developing Your International Risk Management Action Plan The Action Planning Process & Template.
Computer Science / Risk Management and Risk Assessment Nathan Singleton.
Risk Assessment: A Practical Guide to Assessing Operational Risk
Dr. Gerry Firmansyah CID Business Continuity and Disaster Recovery Planning for IT (W-XIV)
Managing Project Risk – A simplified approach Presented by : Damian Leonard.
 Define and recognize risk  Define the contents of a risk management plan  Conduct a risk identification and prioritization process  Define.
What is Insurance? What is the purpose of insurance?
Risk Assessment OSHA 21/09/ WHAT IS RISK ASSESMENT? Risk Assessment is the process of determining the possibility of short and long term unfavorable.
Risk Management.
People and Culture Office Safety, Health and Wellbeing
Risk Process PRAM Risk Treatment Dr. Keith Harrison DMS Risk SME Thales Secretary APM Risk SIG.
ESET 419 Engineering Technology Capstone I
COSO and ERM Committee of Sponsoring Organizations (COSO) is an organization dedicated to providing thought leadership and guidance on internal control,
Chapter 11: Project Risk Management
CHAPTER11 Project Risk Management
Recognization and management of RISK in educational projects
CASE STUDY BY: JESSICA PATRON.
RISK ASSESSMENT TOOL PREVIEW
Software Life Cycle Risk Management
The Importance of Project Risk Management
PMI North Area PMP Exam Study Group
Insuring Against Catastrophes
Risk Management Workshop
Project Risk Analysis and Management: L3
RISK MANAGEMENT MARKET & SOCIAL RESEARCH
Planning an International Business Contract
Effective Risk Management in Decision Making Process
Project Risk Management
Warm-up question Chapter 1 Section 2
Project Risk Management Jiwei Ma
Risk Analysis Objectives Discuss the importance of Risk Analysis
Presentation transcript:

RISK MANAGEMENT

ANALYZE THE RISK • Identify, characterize and assess risk Describe possible events based on the contract clauses as applied to the contractual relation • Estimate the likelihood and consequences of each identified risk Consider both the likelihood of facts and the likelihood of a relevant interpretation of the contract clauses • Evaluate the risks, distinguishing between acceptable risks and those risks that should be considered for treatment • Consider how risks can be treated through practical measures or a suitable contract amendment

MANAGE THE RISK Prioritize risk reduction measures based on a strategy Strategies to manage risk : Avoiding the risk Eliminating the risk Withdrawing from the situation Sharing the risk Transferring the risk to the other party Taking insurance Reducing the negative effect of the risk Accepting some or all of the consequences of a particular risk

3. ASSIGNMENT From the point of view of your company, discuss the risks involved in the contract Draw up your plan for risk reduction measures

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2024 SlidePlayer.com Inc. All rights reserved.