Risk Management

Risk Management

• 3.
  risk managment is often considered boring because it smells of grey suits and playing safe
• 4.
  but think ofit this way : what worries you about your project?
• 5.
  risk assessment as the chance to put down everyting that worries you; what could go wrong
• 6.
  • obvious thingsbut also • nagging things • stuff that’s actually not under your control • assumptions • stuff that shouldn’t happen but could • stuff that keeps you up at night
• 7.
  • allows youto recognise and deal with problems early • transfers responsibility to right people • jisc prefers openness, acceptance and solutions
• 9.
  •Acceptance Accept the possibility and develop contingency (For lower risk scores) • Avoidance Adding to or changing plan so risk no longer a possibility • Reduction Reducing the probability or impact of the risk • Transfer Moving the impact (and ownership) of the risk to a third party (outside project or instituion)
• 10.
  Once a risk, it should be assessed, monitored, updated at regular intervals (e.g. project meetings) – useful to circualte to senior managment, esp when there are risk scores
• 11.
  What now? • Workon risks within the project plan • Less bothered (at the moment) about rating them • Write down obvious and less obvious risks • Discuss with your group (20 mins) •General discussion at end (10 mins) More info on Risk Management at JISC InfoNet
• 12.
  http://www.flickr.com/photos/bng/25164905/ - Risk(game) http://www.flickr.com/photos/loop_oh/3230700469/ - Risk (grave)