Documenti di Didattica
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Management
62
Years of Experience
38
Countries in the World
12 1700
Registered Branches Qualified
Professionals
2
About ACE
Global Representation
Africa Gambia Morocco Swaziland GCC & Kuwait Saudi Arabia Asia Europe
Algeria Ghana Mozambique Tanzania Middle East Lebanon Syria Afghanistan Albania
Burkina Faso Kenya Rwanda Uganda Bahrain Oman UAE Bangladesh Kosovo
Chad Malawi Senegal Zambia Iraq Palestine Yemen Indonesia UK
Ethiopia Mauritania Sudan Jordan Qatar Kyrgyzstan
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About ACE
Project Disciplines
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About ACE
Professional Specialization
Project
Management
Quality Management
Site
Supervision ACE Development
Management Planning & Time Management
Risk Management
Design
Value Engineering
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What is a “Project” ?
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a “Project” is a temporary endeavor
undertaken (has a progressive
elaboration characteristics) to create a
unique product, service, or result.
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What is “Project Management” ?
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Project Management (PM) is
The application of knowledge, skills, tools, and techniques
to project activities to meet the project requirements.
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What is a “Project Risk” ?
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WHAT IS PROJECT RISK ?
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• The word “RISK” is Quite Modern,
• It was appeared in the English Language in mid
17th century, coming from the French Word
“Risqué”.
• In the second quarter of 18th century it appeared in
the insurance transactions.
• In the late of 19th century it appeared in the
construction industry
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Risk and Project Management
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Risk and Project Management
• Managing risks an integral part of good management
and fundamental of achieving good business and
project outcomes and effective procurement of goods
and services ;
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Risk and Project Management (Cont’d)
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Risk and Project Management (Cont’d)
• Business risks include all those risks that might impact
on the viability of the enterprise, including market,
industry, technology, economic and financial factors,
governmental and political influences ;
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Risk Management
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Project Risk Management
• Is a process aims to have attitudes about risk to be made explicit
wherever possible.
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Objective of Project Risk Management
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Importance of Risk Management
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Importance of Risk Management
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Benefit of Risk Management
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Benefit of Risk Management
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Project Risk Management Process
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Project Risk Management Process
3. Risk Identification
3. Risk Identification.
• Determining which risks might affect the project and
documenting their characteristics.
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Project Risk Management Process
5. Quantitative Risk Analysis.
Numerically analyzing the effect on overall project objectives of
identified risks.
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In this session …
3. Risk Identification
3. Risk Identification
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What are the possible risks for the following
projects?
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What are the possible risks for the following
projects?
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What are the possible risks for the following
projects?
Akashi Kaikyo Bridge, Japan. The largest suspension bridge in the world
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Qualitative Risk Analysis
Definition:-
As soon as Risks are identified as explained
previously whether by stake holders (during
establishing the context phase) OR by Risk
identification techniques (during Risk
Identification Phase), and list of potential
project Risks is in hand
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WHEN QUALITATIVE RISK ANALYSIS IS
CARRIED OUT ?
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WHY WE HAVE TO RE-COURSE TO QUALITATIVE
RISK ANALYSIS ?
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Tools for Qualitative Risk Analysis
1. Historical information.
&
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Probability (Likelihood Description)
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Impact (Consequence Description)
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Impact (Consequence Description) (Cont’d)
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Risk Priority Rating
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Probability-Impact Matrix
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Probability-Impact Matrix
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Probability-Impact Matrix (Cont’d)
• For example:
– Low probability
– High impact
• For example:
– High probability
– High impact
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Qualitative Risk Analysis (Cont’d)
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Qualitative Risk Analysis (Cont’d)
Five Regions Colored Matrix identifying Risk Zones
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Qualitative Risk Analysis (Cont’d)
Five Points Scale Matrix
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Semi Quantitative Risk Analysis
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Qualitative Risk Analysis (Cont’d)
Non Linear Point System
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Qualitative Risk Analysis (Cont’d)
Non Linear Scale
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Thank you
Dr. Eng. Mohamed Abdel Ghany
FCIArb, PhD, MSc, REA
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