session 7 - risk management
DESCRIPTION
Team Up Committee training 2013/14TRANSCRIPT
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Te
am U
p Com
mitt
ee Tr
aini
ng
Sess
ion
7 – R
isk M
anag
emen
t
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By the end of the session, you will be able to…
• Apply problem solving techniques to manage risk and overcome unexpected challenges
You’re required to:Write a risk management plan, show in your status report how unexpected problems were solved, and evaluate the process
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Risk management
“Anticipate the difficult by managing the easy.”
Lao Tzu"Named must your fear be before banish it you can.“
Yoda
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Brainstorm: Why risk management?
Write down 3 reasons why risk management is important
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What we said
• Allows you to identify threats to smooth delivery of your project
• Increases your ability to cope when (not if!) something goes wrong
• Serves to manage expectations about your project and avoid nasty surprises
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Risk management: back to our nice cup of tea!
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Event Scenarios
• What are some of the major risks for each of these projects?
• How likely are they to occur, and how severe would the effect be on the project?
1. Conducting interviews2. Fresher's Fair stand3. Pub quiz fundraising event
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Over to you!
Assignment: Write your risk management plan for these
three scenarios
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Contingency planning – being prepared!
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Contingency planning
• Risks are combatted by the drawing up of contingency plans
• We’ve prioritized, and assigned the possibility of each risk – now these need to be mitigated
• In effect – a series of worst case scenarios need to be planned for, to guard against project failure
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Contingency planning for our cuppa
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Over to you!
Assignment: Write contingency plans based on the risk
management scenarios, for submission two weeks from today