The magic triangle can be a good aid in identifying risks. Ultimately, the risks of a project always affect the three target variables of scope, resources and deadlines. Every project has three basic risks - to varying degrees:
Quality risk : There is a risk that the project objectives will not be fully achieved.
Cost risk : There is a risk that the project will be more expensive and time-consuming than planned.
Deadline risk : There is a risk that the project cannot be completed on time.
Every good risk management starts with a collection of the existing risks that is as complete as possible. It is advisable to call the project team together and discuss together which risks could seriously endanger the project. The approach is based lebanon telegram data on a brainstorming session: first, everything that the participants can think of regarding possible project risks is collected without discussion; the assessment only follows at a later stage.
Risk management and project risks Costs Time Scope
Specifying the risks
In the next step, we will take a closer look at the individual risks. A "risk logbook" has proven to be useful in order to carry out the analysis systematically. It describes the individual risks based on three aspects and is divided into three columns accordingly:
Cause : In the “Cause” column we present the circumstances that lead to a risk occurring. The cause leaves open whether the risk event actually occurs.