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3.10 - Coggle Diagram
3.10
3.10 Planning Risks and Opportunities :warning:
3.10.1 contribute to / review the development of the risks and opportunities
management process
Measures
• Knowledge of the general project risk and opportunity management process.
• Identifies the different risk management methods and opportunities of this process.
• Specifies the process of managing risks and opportunities and ensures its integration into the overall project risk and opportunity management process.
• Verifies the compliance of this process with the organisation's policy and with standards and best planning practices.
• Ensures consistent application of the process of managing risks and opportunities.
3.10.2 identify / review and register risks and opportunities impacting the project
plan
Measures
• Identifies and explains different sources of risks and opportunities
• Identifies and considers risks and opportunities
• Documents risks and opportunities
• Creates a register of risks and opportunities that impact plan
• Verifies that plan risks and opportunities have been addressed in a specific section of the project's risk and opportunity register.
• Identifies potential responses to identified risks and opportunities
3.10.3 Assess / review probability and impact of risks and opportunities on the
project plan
Measures
• Performs qualitative assessment of risks and opportunities
• Performs quantitative assessment of risks and opportunities
• Prioritizes risks in a risk assessment matrix
• Prioritizes the importance of opportunities
• Calculates the criticality of risks and opportunities
3.10.4 Define / review strategies and action plans to address risks and opportunities
Measures
• Explains various ways and methods for implementing a chosen overall strategy for the process of managing risks and opportunities
• Evaluates the actions related to risks and opportunities, including their strengths or weaknesses.
• Defines actions related to risks and opportunities that impact planning.
• Defines the means and methods for implementing an action plan related to the risks and opportunities.
• Assigns resources with the necessary skills to implement actions and verifies their availability.
• Communicates and implements action plans associated with risks and opportunities.
3.10.5 Monitor evolution of risks and opportunities impacting the project plan
Measures
• Monitors and controls the integration into planning of action plans associated with risks and opportunities.
• Updates action plans related to risks and opportunities.
• Communicates updates to these action plans.
• Updates the register of risks and opportunities as the project progresses.