Studying the project Risks is very important to help increasing the performance of the project. We do manage project risks through the following:
- Risk Identification
- Risk Evaluation
- Risk Mitigation and control
- Risk Management using Pert-master / ARM Software
- Present best case and worst case scenarios
- Three point estimating for various risks
- Calculating Contingency based on the risk assessment for the project.
- Coordinate and facilitate the risk management process and facilitate the risk management process.
- Manage Risk Escalation process
- Develop, update, maintain, follow up, decision logs
- Develop, update, maintain, follow up, issues logs using Access software
- Issues Management using ARM Software
- Coordinate and facilitate the issues management meetings
We are using Pertmaster, ARM, @Risk software for Risk/ Issue Management