Even if the weather forecast tells us that tomorrow is sunny, but there is no guarantee one hundred percent certain the sun is shining, because then the precise observation and calculation may also have accidents. Similarly, in a project, even if you calculated in line with a wealth of experience and thorough investigation to develop a project strategy, also we have to spend some effort to deal with project risks can not be completely avoided.
Since I can not be completely avoided, it can only be to minimize the impact on the project, let's look at three steps of risk management:
Identify the risks and threats
at the same time develop the project strategy must remember repeatedly asked two questions, one thing that is not likely to deteriorate, this is a thing there is a threat.
For example, doing product development process, if we decide to use a very careful interaction to achieve a function, then we will consider such a delicate interaction is not make users feel cumbersome operations, achieve cost these interactions will not be too high lead to other aspects of lack of resources.
When developing the project strategy will set out the possible risks and prepare to cope with risks in advance, do not wait until the implementation phase exposed the problem, spend a lot of energy to deal with unexpected situations, more harm than good. Refer to note is to identify the risks and threats does not mean that there are plans to risks and threats should be changed, only prepare the ground for the preparation of risk management.
Quantify the risks and threats
to calculate the probability of the risk, the estimated loss potential problems, there will be risks and threats to quantify. With risk quantification, the maximum impact on your project who will be able to compare different solutions due to the same thing. Examples of the above applies equally product development, if only detailed interactive customer to meet the needs of 99% of the function, the complicated operation of 1% churn possible outcome would be an acceptable thing, the implementation of the program with the risk will come in the affordable range.
How accurate quantification of risk it? It recommended that the implementation of the program broken down into tasks, by evaluating the details of a task to summarize the risk quantification value for the entire implementation of the program, to avoid bias caused by too vague estimates.
Development of a risk contingency plan
contingency plans are broadly classified into risk aversion, reduce, accept transfer of several.
Choose other means to avoid the implementation of the program to avoid this kind of risk; alleviate refers to the implementation of the program to make necessary adjustments to reduce the risk of loss will bring; that is acceptable to take other measures based on the implementation of the program to deal with the risk ; it means taking the transfer program is available in other income when the risk instead of losses.
A good project manager is bound to follow the steps above to simultaneously manage project risks in doing strategic projects at the same time, the only way to ensure that the project can be worked out strategy to obtain benefits. Project risk is not terrible, proper risk management can guarantee the success of the project.
