Pro-active: Risk and Opportunity Management

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== Abstract ==
 
== Abstract ==
'''Pro-active management''' considers risk and opportunity events in a project with the purpose of mitigating the risk and enhance the oppotunities before they occur. Hereby will a process of first identifying risks then assess the risks and last treat the risks which result in risk control. There is a fouth step to the process giving after treatment the risk management will be reviewed for analysing the success rate of the risk response/treatment.  
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'''Pro-active risk and opportunity management''' considers risk and opportunity events in a project with the purpose of mitigating the risk and enhance the opportunities before they occur. Risk events occur from uncertainties within a project whereas negative outcome is a risk for the project but positive outcomes can become opportunities for the stakeholders of the project.
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A process/model to gain risk control for a pro-active risk and opportunity management is first identifying risks then assess the risks and last treat the risks which result in risk control. There is a fouth step to the process giving after treatment the risk management will be reviewed for analysing the success rate of the risk response/treatment.
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Risk as deffinition is proberbility P times the impact I giving the formula:
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<math>R=P\cdot I</math>
  
  

Revision as of 12:42, 17 September 2017

Contents

Abstract

Pro-active risk and opportunity management considers risk and opportunity events in a project with the purpose of mitigating the risk and enhance the opportunities before they occur. Risk events occur from uncertainties within a project whereas negative outcome is a risk for the project but positive outcomes can become opportunities for the stakeholders of the project.

A process/model to gain risk control for a pro-active risk and opportunity management is first identifying risks then assess the risks and last treat the risks which result in risk control. There is a fouth step to the process giving after treatment the risk management will be reviewed for analysing the success rate of the risk response/treatment.

Risk as deffinition is proberbility P times the impact I giving the formula: R=P\cdot I


Identify risks

The identification of risks has the purpose to determine if risk events occur whether they are positive or negative for the project. [1]

Assess risks

The assessment of risks


Treat risks

The treatment considering the risks


References

  1. Geraldi, Joana and Thuesen, Christian and Stingl, Verena and Oehmen, Josef (2017) How to DO Projects? A Nordic Flavour to Managing Projects Version 1.0, Publisher: Dansk Standard
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