Introduction Project Stage
About the Lecture
The lecture Introduction Project Stage by Simone Hoferer is from the course Risk Management in International Projects. It contains the following chapters:
- Introduction
- Main objective and topics
- What is a risk?
- Risk management process
- The paddle wheel steamer comparison
Included Quiz Questions
By risk we understand ...
- an uncertainty in outcome of future events (positive or negative).
- only a potential negative outcome.
- very likely major problems.
- the game of chance.
A project could be defined as ...
- a goal-oriented, one-time enterprise which is subject to certain requirements such as time, resources or costs.
- an enterprise in the future which consists of various coordinated and often complex actions.
- a standard routine with frequent repetition.
- an enterprise with low requirements which has already taken place.
What are the essential elements of risk management?
- Risk management planning, identification, assessment & evaluation, action planning, controlling & monitoring and communication
- Risk management playing, identification, assessment & evaluation, action planning, controlling & monitoring and communication
- Risk management planning, implementation, assessment & evaluation, action planning, controlling & monitoring and communication
- Risk management planning, identification, assessment & evolution, action planning, controlling & monitoring and communication
When you look out for risks, there are five main categories which may indicate risks. What does not belong to these categories?
- Small
- Common; clear
- New; unclear/indistinct
- Big; extraordinary
- Multi
The point of risk management is ...
- to identify opportunities as well as potential dangers or risks.
- to focus on dangers and problems.
- to be adventurous and to be willing to takes risks and to ignore potential dangers.
- to include every potential danger and even the smallest risk into consideration and to budget in the quote.
Author of lecture Introduction Project Stage
Simone Hoferer
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Excerpts from the accompanying material
... 2 part 2: project stage - Successfully managing unexpected events ...
... projects in more than 30 countries. Working and living in USA and Iran ...
... It is my passion to share my experience and knowledge with you, to ...
... opportunities and special characteristics of international projects: To successfully apply risk ...
... you: – know about the specific requirements and characteristics of each project phase – are able to successfully apply the risk management ...
... management during production stage. 3.4 Applying risk management during logistic stage. 3.5 Applying risk management during installation stage. 3.6 Applying risk management during handover ...
... 2. Identification (I). 3. Assessment & Evaluation (A). 4. Action Planning ...
