Risk Management and Compliance

Techniques in Assessing Risk Management

1. Introduction To Risk Management
   1. Why the Need
   2. Impact Upon Business Today
   3. How Risk Translates Into Cost


2. The Process and Applications of Risk Management
   1. Appreciating the Risk Potential
   2. Review Risk as a Step in a Process
   3. The Cycle of Risk Potentials
   4. The Steps in Risk Assessment
   5. Classifying the Risk Dynamics
      1. Technical
      2. Project Management
      3. Support
      4. Cost
      5. Schedule
   6. Sources of Risk
      1. Close
      2. Distant
   7. Process Flow Mapping
   8. LCC Overlay Graphic


3. Establishing a Planning Tool for Risk
   1. Identifying the Risk Drivers
   2. Root Causes of Risk
   3. Measuring and Calculating the Risk Potential
   4. Having a Plan in Place for Risk
   5. Controlling Risk at the Source
   6. Using a Risk Profile Matrix
   7. Computer Tools to Forecast for Risk
   8. Article Vignette


4. Tools to Identify Risk Potentials
   1. Overview and Concepts
   2. Tools to Apply
   3. When to Deploy
   4. Value of the Technique
   5. Potential Savings to a Firm
   6. Types of Risk Models and Techniques:
      1. Design Questionnaires
      2. Focused Interviews
      3. Risk Project Teams
      4. Project Risk Exercise
      5. Documentation Review
      6. Learning Curve Dynamics
      7. Project Assessment
      8. Brainstorming
      9. Delphi Methodology
      10. Crawford Slip Rounds
      11. SWOT Analysis
      12. The Checklist Method
      13. Project Matrix/Templates
      14. Assumption Analysis
      15. Cost Impact Analysis (CIA)
      16. Relationship Profiling
      17. PERT
      18. Graphic Profiles
      19. Risk Scenarios
      20. Risk Modeling
      21. Random Simulations
      22. Factors Sensitive to Risk
      23. Matrix for Risk Response
      24. Conducting a Risk Assessment Audit
      25. Miscellaneous Techniques


5. Controls to Minimize Risk in a Project
   1. Common Sources of Project Risk
   2. IT Risks
   3. Construction Risks
   4. Other Risk Applications


6. Conclusion