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Risk Chapter 2, pages 63-80. CSSE 372 11.September.2008. “At risk”. Outline. Identification Estimation Mitigation Exercise. Procter & Gamble’s equation: Risk = Hazard + Exposure. From www.pgbeautyscience.com/safety-assessment.html. First CotD. Identification. Technical

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Risk Chapter 2, pages 63-80

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Risk chapter 2 pages 63 80

RiskChapter 2, pages 63-80

CSSE 372

11.September.2008

“At risk”


Outline

Outline

  • Identification

  • Estimation

  • Mitigation

  • Exercise

Procter & Gamble’s equation: Risk = Hazard + Exposure.

From www.pgbeautyscience.com/safety-assessment.html .


First cotd

First CotD


Identification

Identification

  • Technical

  • Project Management

  • Organizational

  • External

  • Business

     A lot of people use Pressman’s risk list:

  • http://www.rspa.com/checklists/risk.html

  • For example…


Technical issues start

Technical Issues (start)…

  • Are facilitated application specification techniques used to aid in communication between the customer and developer?

  • Are specific methods used for software analysis?

  • Do you use a specific method for data and architectural design?

  • Is more than 90 percent of your code written in a high order language?

  • Are specific conventions for code documentation defined and used?

  • Do you use specific methods for test case design?

  • Are software tools used to support planning and tracking activities?


Discussion who ll have what risks

Discussion – Who’ll have what risks?

  • Which project manager is likely to have what kinds of risks?

    • Technical

    • Project Management

    • Organizational

    • External

Cody

Shanice


Second cotd

Second CotD


Qualitative estimation

Qualitative Estimation


Dynamic estimation

Dynamic Estimation


Risk response

Risk response

  • Accept

  • Avoid

  • Contingency planning

  • Mitigate

  • Transfer


Monitoring controlling

Monitoring/Controlling

  • Risk log

  • ID number

  • Risk description

  • Risk owner

  • Action to be taken

  • Outcome

  • Include Probability/Impact


How do you gather risks

How do you gather risks?

  • Formal

  • Informal


Risk assessments should be contain

Risk assessments should be/contain:

  • In the If _______, then___________ format

  • Clearly tie back to 5 project constraints

  • Include a mitigation strategy

  • Include a time line for revisiting/updating the risks

  • Include key resources

  • Indication of where it falls in the chart

  • Opportunities


Discussion problem

Discussion Problem

  • You and 7 others are going to fly 1500 miles in a pedal-powered airplane.

  • The plane can carry 3000 pounds of freight (including passengers) at 30 mph, when powered by 4 pedallers.

  • Each team member can pedal for 4 hours continuously.

  • If you lose power the plane crashes.


Activity

Activity

  • Identify the risks

  • For each risk, estimate its probability and impact

  • Prioritize risks

  • Identify mitigation strategies for the most important half of the risks

  • Share your results withrest of class


Questions

Questions?

Bike blimp from http://blog.makezine.com/archive/2008/06/bike_blimp_remake.html.


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