资料简介：
Qualitative Risk Analysis
Table of Contents
Page
Introduction 3
Types of Risk 3
Managing Risk 4
Risk Assessment Methodology 5
Risk Analysis Application Example 6
Root Causes and Root Actions 13
Conclusion 14
Risk Assessment Checklists 15
Introduction
The awareness of the importance of managing risk, key risk management principles, reducing risk, integrating results into practice is of increasing importance across all businesses in general.
Managing risk involves identifying the likely potential problems or risks that may arise during the life of a project, developing and implementing a management plan for them.
Types of Risk
Risk can broadly be defined as falling into one of two categories:
• Business risk:- is risk associated with the profitability or economic viability of the project or business activity. A project which is executed successfully from a technical or task basis, may still end up being a “failure” due to business factors.
Typical business risk factors are:
• Time delays and cost overruns;
• Project completion does not achieve outcomes;
• Changes in business/economic/market environment.
Some elements of business risk are considered during the financial analysis phase and are factored into the discount rate used to evaluate a project. ie. the higher the risk, the higher the discount rate.
However, other elements need to be explicitly catered for by way of specific preventive or contingent actions.
• Pure risk:- is risk associated with unforeseen events interfering with the progress of a project or “things going wrong”.
These usually fall into the categories of:
• direct property loss:- damage and destruction of property and other assets;
• indirect loss:- costs; associated with recovering from direct loss. ie. renting temporary accommodation, equipment hire, etc.
• liability loss:- litigation for injury, personal loss, property damage, non-achievement of promised outcomes etc. that result from the project;
• personnel loss:- claim from employees eg. worker compensation, unfair dismissal, etc. |
