Question: Examine the list of methods and identify three methods that you believe are most valuable for identifying project risks and identify one additional method that

Examine the list of methods and identify three methods that you believe are most valuable for identifying project risks and identify one additional method that is not on the list that may be valuable to use (the new method could be an existing method found outside of the textbook or may be a method you created).Brainstorming

  • Interviewing
  • Expert judgment
  • Delphi method--process designed to manage personnel bias
  • RBS review--ensures all potential risk categories are considered
  • Cause and effect "fish-bone" diagrams
  • Checklists
  • WBS review -ensures all scope activities are considered
  • Industry "best practices" review
  • Failure modes and effects analysis (FMEA)
  • SWOT analysis -modified from business strategy tool
  • Postmortem analysis
  • Root cause analysis
  • Questionnaires

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