• Red hat • Black hat • White hat • Yellow hat • Green hat • Blue hat White hat-----why white hat It focuses on the available factual data It separates facts from speculation, assumptions • What data is accessible? • What data might we want to have? • What data do we require? • What data is missing? • In what manner would we be able to get the missing data? Black hat--------why black hat • It looks at all the obstacles, weaknesses, dangers of an idea/decision • It enables one to prepare back up plans for all the bad problems • It helps in spotting fatal risks before taking up any project so that we can plan exit strategies from those anticipated risks. Our brains are naturally wired to think in black hat, but, Overuse of black hat leads to …show more content…
Assessment of an idea/decision Yellow and black hats are used Improvement of design Black and green hats are used Comparison of facts and opinions Red and white This tool helps in getting rid of egos of people which are a prob in traditional
Identify the disease process presented by the case study as well as the normal structure and function of the organ system and/or physiological process.
The course text discusses AS/NZS 4360 approach, which consists of a 5-phase process to manage and control risk. According to the text the risk management process phases are establish context, identify, establish and treat risk while continuously communicating, monitoring and reviewing risk (Cooper, 2005). The premise of risk management is to uncover and understand as much as possible about risks as early in the project as possible. The more one knows about risks the easier it is to make decisions for correct responses. The alternative to risk management is crises management, which in many instances is more costly, and more time consuming. Clements & Gido define a project as “an endeavor to accomplish a specific objective through a unique set of interrelated tasks and the effective utilization of resource “(Gido 4). I had many opportunities to develop a Military Retirement Ceremony, so I decided to approach it as a project risk management plan. At the time I did not know it but we were using the project risk management approach discussed in the text to address the risk associated with the event. The Military Retirement Ceremony project planning began the same as most projects do by determining the objectives. The objectives are described in terms of deliverable, schedule and budget. The sponsor and the customer must agree upon the scope of any project. In this project I worked along side the sponsors.
This is mentioned in the text, ‘there are risks and we work methodically to reduce the risks.’
When the manager of project carried out its work plan should take into consideration the possible risks that may occur within the project. The risk is the possibility that occurs a problem within a project and that may cause some change within the same (Heldman, 2011). It should be noted that not all risks are bad since they can be potential opportunities to make some changes that will improve the overall status of the project. In the same way a risk not taken into account in time can create one problem in the project and can completely change the final performance of the project. The project manager can take several elements to identify the risks. Some elements and documents that can be used to identify risks are: search internal risks of the project, such as resources
You will look at the protecting factor which is a factor that will reduce the risk and help stop the risk becoming a reality. It 's not about getting rid of the risk but helping people to understand the potential consequences and risks that come with day to day living and using the protecting factors to reduce them as much as possible.
This tool basically poses the question: “Are you getting what you want/need?” or “Are you supporting your own opinion or the opinion of another?” This will help weed out those in life who try and manipulate you for their own purposes from those who truly care about you and your well being. Using this tactic will expose a myriad of people from salespeople, to administrators, to your own family members.
Risk identification more disciplined process involves using checklists of potential risks and evaluating the likelihood that those events might happen on the project. Some companies and industries develop risk checklists based on experience from past projects. These checklists can be helpful to the project manager and project team in identifying both specific risks on the checklist and expanding the thinking of the team. The past experience of the project team, project experience within the company, and experts in the industry can be valuable resources for identifying.
date, and that a new risk management plan must be developed. Because of the importance of risk
You can download many utilities from the Internet. Examples of utilities are cp (copies a file), ls (lists information about files), ssh (securely connects to a remote computer), and df (lists information about free space on system devices such as hard disks).
Just the Way I Liked It: Chapter 3 Holden got his hunting hat in New York at a sports store. The hat only cost Holden one dollar. The hat is a “red hunting hat, with one of those very, very long peaks” (Salinger 21). Holden likes to wear his hat with “the old peak way around to the back” (Salinger 21).
Symbolism is a way of adding depth and meaning to a story while conveying a complex idea that can be understood and recognized in a variety of ways. Considering that The Catcher in the Rye is a bildungsroman; it deals with complex issues of identity, belonging, and alienation. The reader is exposed to several facets of symbolism that help give substance and characterization to the protagonist of the story, young Holden Caulfield. It is through these assorted symbols that Holden transforms from an average teenager to a socially disturbed and confused individual, constantly longing for something.
The role of risk maps are to visually model and communicate the criticality of each risk. It is displayed in
The point that Kippenberger (2000) is making in his article titled ‘there’s no such thing as risk free project’ is that almost everything we do in a project involves a risk of some kind – by so saying, it is therefore essential that we are prepared or able to deal with risks. Most literature puts emphasis on the negative connotation that the word ‘risk’ carries. For instance, Chapman and Ward (2003) provide the meaning of risk as: hazard, chance of bad consequences, loss, and exposure to chance of injury or loss. Galway (2004) defines risk as an event which is uncertain and has negative impact, and similarly, Martin (2008: 38) defines risk as the ‘chance of something occurring that has an adverse effect on the project’. This negativity highlights the fact that problems can occur or things can go wrong and it is therefore important to have a systematic approach to managing them. Therefore in project management, risk management is necessary to increase the chances of the proposed project succeeding.
Project Risk Management – identifies potential risks (good and bad) that can affect the objectives of the project.
Once there has been a risk management assessment, we can know exactly what to expect and what can be done to prevent any type of risk. We will also know how to deal with any risk while it is happening to contain it.