Risk Management

CPCII will review the risk items of a project throughout the lifecycle of a project and capture risks into the risk register and develop strategies to mitigate risks. We also run Montecarlo simulations on estimates and risks to identify the correct risk tolerance the project stakeholders are willing to procedure forward with.

Risk Process

Develop lists of Risk ideas per project Rank Ideas based on established criteria Develop a parado of high/low priority risks Risk Monitoring Risk Assessments Contingency Risk Analysis P-50 P-75 P-90 Risk Tolerance Black Swan

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