Question: Could you please explain each point in the slides with an example? Tools and Techniques for Risk Monitoring & Control .Cont 3. Variance and Trend

Could you please explain each point in the slides with an example?

Could you please explain each point in the slides

Tools and Techniques for Risk Monitoring & Control .Cont 3. Variance and Trend Analysis Used for monitoring overall project cost & Schedule performance against a baseline plan. Significant deviations indicate that updated risk identification and analysis should be performed. Technical performance measurement. 4. Reserve Analysis As execution progresses, some risk events may happen with positive or negative impact on cost or schedule contingency reserves. Reserve analysis compares available reserves with amount of risk remaining at the time and determines whether reserves are sufficient 5. Status meetings Risk management can be addressed regularly by including the subject in project meetings

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