Summary - Steps of Risk Management
About the Lecture
The lecture Summary - Steps of Risk Management by Simone Hoferer is from the course Risk Management (RM): Preparing Offers. It contains the following chapters:
- Summary
- Implementation plan
- Further training offers
Included Quiz Questions
When is the best time to solve a problem?
- Before its onset
- Before sunset
- After its onset
- When it arises.
What are the correct steps of the risk management process?
- 1. RM-Planning, 2. Identification, 3. Assessment & Evaluation, 4. Action Planning, 5. Controlling & Monitoring, 6. Communication
- 1. Communication, 2. Identification, 3. Assessment & Evaluation, 4. Controlling & Monitoring, 5. Action Planning, 6. RM-Planning
- 1. RM-Planning, 2. Identification, 3. Evaluation, 4. Communication, 5. Controlling & Monitoring, 6. Prevention
- 1. RM-Planning, 2. Specify Requirements, 3. Assessment & Evaluation, 4. Action Planning, 5. Controlling & Monitoring, 6. Communication
What are possible factors of success for the implementation of risk management in day to day business?
- Start with easy and practical steps and make them a positive habit. Gradually extend (how do you climb a mountain? One step after the other).
- Adopt at least one tool immediately into your daily work (prototyping).
- Start with as many new tools at the same time as possible.
- Wait till your senior requests you to do risk managment.
What should you make sure of before starting risk management?
- It should be coherent, easy to use in daily work situations and even if being stressed.
- That all details and tools are included and that everything is written down.
- That the boss approves the tools.
- That controlling deparment is informed and that risk managment is supplying data for controlling.
What is the most important tool in risk management?
- Your common sense
- Your action plan
- The monitoring
- Your experience
- The evaluation
Author of lecture Summary - Steps of Risk Management
Simone Hoferer
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Excerpts from the accompanying material
... awareness for the importance of risk communication. > Know ...
... project. To inform all parties involved best possible. To improve a better understanding for risks. To increase attentiveness and foresight. To ...
... during the course of project. A guarantor of success ...
... communication? From traffic signs, caution labels and tags. What´s the purpose of these signs? They point ...
... of interest, great places to eat, best places to stay, hospitals and other ...
... what lies ahead, I´m able to prepare myself and tune into the upcoming events. ...
... cultural background, etc. Different interests of parties involved. Different perception of potential scope of effect ...
... Easy to comprehend. Matching the addressee. Short and simple, easy to understand. Beneficial ...
... and for our company? In which way should the risks be communicated? Written form, verbally, by phone, by ...
... basis for communication. Document all risks, chances, identified triggers and planned actions and ways to control them. ...
... your perspectives. Cross check everything, verify information and ask ...
... risk - danger + chance. Uncertainty in outcome future ...
... chapter implementation: > To get tips how to create ...
... potential risks, wasted opportunities and possible dangers. You studied the risk management process. => This ...
... 1: Set priorities: what is most important now and what will provide immediate success? Start with easy and ...
... name realistic timelines and goals. Look out for alleys => Just do it, ...
... planning meets up with your company and current situation. It should be coherent and easy to use in daily work situations and ...
... the training is already a benefit for you, your ...
... My training is based on my experience gained in my projects in the past. Your situation is ...
... interest! I wish you great success ...
... stage: Successfully managing unexpected events in ongoing projects > Part 3 after project completion: lessons learned, prospects, risks ...
... carefully and thoroughly checked and used in all conscience. Please note that each project is individual and that I'm ...
