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Risk Management: - Abhinav Gupta (08030121082) Tanay Kotriwala (08030121034)

Risk management involves reducing or eliminating potential problems. It includes initiating the risk management process, identifying risks, assessing and prioritizing risks, determining risk responses through planning, and taking risk response actions. If the steps of risk management are followed, a risk management plan for a project can be developed in a short time, which is important for a project's success and a project manager's reputation.

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abhinavgupta2010
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59 views

Risk Management: - Abhinav Gupta (08030121082) Tanay Kotriwala (08030121034)

Risk management involves reducing or eliminating potential problems. It includes initiating the risk management process, identifying risks, assessing and prioritizing risks, determining risk responses through planning, and taking risk response actions. If the steps of risk management are followed, a risk management plan for a project can be developed in a short time, which is important for a project's success and a project manager's reputation.

Uploaded by

abhinavgupta2010
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Risk Management

-Abhinav Gupta(08030121082)
Tanay Kotriwala (08030121034)
INTRODUCTION
• Risk management is about reducing or
eliminating the negative impact of potential
problems.
• Keywords –
Risk management, Risk reviews, Risk
Identification, Risk assessment, Risk
prioritization, Risk response actions, Risk
Management Case study.
THE BASIS
• Initiating the risk management process.
• Identifying the risks.
• Assessing and prioritizing the risks.
• Determine risk responses(planning)
• Risk response actions.
FUTURE PROSPECTS
• Risk management is not a complex task. If we
follow the steps, we can put together a risk
management plan for a project in a short span
of time. Without a plan, the success of the
project, and our reputation as a Project
Manager, are on the line.
REFERENCES
• Bennatan, E.M., Software Project Management,
McGraw-Hill, 2004.
• Gilb, T., Principles of Software Engineering
Management, Addison-Wesley, 2008.
• Garmus, D., Herron, D., Measuring The Software
Process, Prentice-Hall, 2006.
• UML Specification, Object Management Group.
• Brooks, F. P., The Mythical Man-Month, Addison-
Wesley, 2005.
THANK YOU

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