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Project Risk Analysis and Management Guide

Project Risk Analysis and Management GuideSecond editionAssociation for Project ManagementIbis House, Regent ParkSummerleys RoadPrinces RisboroughBuckinghamshireHP27 9LE Association for Project Management 2010 First edition published in 1997 by the APM Group Limited on behalf of the Association for Project ManagementSecond edition published in 2004 (reprinted 2007, 2009, 2010)All rights reserved. No part of this publication may be reproduced,stored in a retrieval system, or transmitted, in any form or by any means, without the express permission in writing of the Association for Project Management . Within the UK exceptions are allowed in respect of any fair dealing for the purposes of research or private study, or criticism or review, as permitted under the Copyright, Designs and Patents Act, 1988, or in the case of reprographic reproduction in accordance with the terms of the licenses issued by the Copyright Licensing Agency.

Probability-impact (P-1) matrices 100 Risk improvement potential 100 Risk impact windows and bubble diagrams 101 Expected value 101 Risk register 101 Project roll-up indicators (black/gold flags and traffic lights) 102 Quantitative risk assessment techniques 102 Probability distribution functions and three-point estimates 102 First-pass ...

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