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Qualitative risk assessmentJonathan kambajaPatrick musungayiDjo ileleStael kitoto

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Introduction Qualitative Risk Analysis assesses the impact and likelihood of the

identified risks in a rapid and cost-effective manner.

Input

Tools and techniques output

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Risk register Risk register: a management tool commonly

used within a project management Its a means of recording identified risks

DatesSeverity and impact of risk

Mitigation activity Description of the risk, etc..

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Risk mgmt planRisk management is a structured approach tomanaging uncertainty and includes actionstaken to identify, assess, monitor and reduce theimpact of risks to your businessi.e.: this is a small program made by Hereford &

Worcester Fire and Rescue Authority tomodernise local fire and rescue services

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Project scope statement: The Project Scope Statement details the project

objectives, deliverables, assumptions,constraints, schedule, budget, and configurationmanagement requirements

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Organizational process assetsOrganizational process assets are any of your

company's policies or procedures which assist inunderstanding the current project's risks

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Risk probability and impact assessmentThe manager need to prioritize risks linked tothe project in order to focus on the more criticalRisks.-probability: a risk is an event that may occur.-impact: the size of the impact of the risk.

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Probability and impact chart

Fromhttp://www.mindtools.com

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Risk data quality assessment A method uses to evaluate the accuracy andreliability of the data(rating) we have gatheredfor the risk analysis.-Extent to which the risk is understood-Data availability

-Data quality -Data integrity and reliability

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Risk categorizationThe risk categorization is performed todetermine which area of the project is the most Affected.

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output Urgent risks. List of risks requiring response in

the near-term List of risks for additional analysis and response.

Some risks might warrant more analysis,including Quantitative Risk Analysis, as well as

response action.

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Output Watch lists of low priority risks. Risks that are

not assessed as important in the Qualitative Risk Analysis process can be placed on a watch list forcontinued monitoring

Trends in qualitative risk analysis results. As theanalysis isrepeated, a trend for particular risksmay become apparent, and can make risk response or further analysis more orlessurgent/important.

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