Proyek Pengembangan Software BiU # Pertemuan 11 Project Risk Management

Summary

In this lecture on project risk management, the speaker emphasizes the importance of preparing for potential risks in any project. Risks can have either positive or negative impacts, and managing them effectively is crucial for success. Key steps include planning risk management, identifying risks, analyzing them both qualitatively and quantitatively, and developing responses. The goal is to maximize opportunities while minimizing threats to project success. The lecture also highlights practical tools like SWOT analysis and decision trees to manage risks and ensure a project's smooth progress.

Takeaways

• 😀 Risk management is crucial for every project to prevent failure or delays.
• 😀 Risks in a project can have both positive and negative impacts, with positive risks offering potential opportunities.
• 😀 The key phases in project risk management are planning, identification, analysis, response planning, and monitoring.
• 😀 During the planning phase, it's essential to define potential risks and the resources needed to manage them.
• 😀 Identifying risks involves gathering input from the project manager, team members, and stakeholders.
• 😀 SWOT analysis is a useful technique for identifying strengths, weaknesses, opportunities, and threats in a project.
• 😀 Risks should be categorized into qualitative (non-numeric) and quantitative (measurable) risks for effective analysis.
• 😀 Probability calculations and decision trees can help assess the likelihood of risks and their potential impact.
• 😀 Response planning involves developing strategies to mitigate negative risks or leverage positive risks.
• 😀 Monitoring and controlling risks should be an ongoing process throughout the project to ensure it stays on track.
• 😀 Tools like interviews, SWOT, and decision trees help identify and analyze project risks from various perspectives.

Q & A

Why is it important to manage risks in a project?

Managing risks is crucial because projects are always exposed to uncertainties, which can result in delays or failure. By identifying and preparing for these risks early, the project can be better managed and executed successfully.

What are the two types of project risks?

Project risks can be categorized as negative risks, which can cause project failure, and positive risks, which, if managed well, can provide opportunities and benefits for the project.

What is the main objective of risk management in a project?

The main objective is to increase the probability of positive risks and decrease the likelihood of negative risks, ensuring the project is completed successfully and on time.

What is involved in the planning phase of risk management?

In the planning phase, project risks are identified and analyzed, resources and timelines are assessed, and a risk management plan is created to address potential issues that may arise during the project.

How does identifying risks contribute to the success of a project?

Identifying risks early allows the project team to anticipate potential problems, develop strategies to address them, and prevent major disruptions that could derail the project.

What are some methods used to identify project risks?

Risks can be identified through techniques like interviews, SWOT analysis, discussions with the project manager, team members, stakeholders, and customers, who provide insights based on their experience and understanding.

What is the difference between qualitative and quantitative risk analysis?

Qualitative risk analysis involves assessing risks based on their likelihood and potential impact using non-numerical data, while quantitative analysis involves calculating risks using statistical methods and numerical data to prioritize them.

What role does SWOT analysis play in project risk management?

SWOT analysis helps identify internal strengths and weaknesses of the project, as well as external opportunities and threats, which allows the team to better understand potential risks and their sources.

How do decision trees assist in managing project risks?

Decision trees help visualize and evaluate the potential outcomes of various risks, considering both the positive and negative impacts, allowing the team to make more informed decisions.

What happens during the monitoring and controlling phase of risk management?

In the monitoring and controlling phase, the project team continuously tracks risks, evaluates the effectiveness of mitigation strategies, and adjusts the project plan as necessary to manage emerging risks.