Risk Estimates Checklist

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Checklist provides risk analysis on critical issues for planners and managers.
 

Check all that apply. 

 
CheckItemComments / Details                           
Why has the analysis been performed?
If the analysis is intended to prove a political or commercial point, has the use of an independent party been considered?
                                                                                               
What steps have been taken to ensure that the estimates are objective?
  
Are the people making the estimates recognised to be experts in the area concerned?
Do they expect to be personally accountable for the outcome?
  
What experience do the estimators have with making risk-based estimates?
  
Are patterns present in the three-point estimates that betray a lack of care in their preparation?
  
Are all the probability distributions symmetrical or anchored around the planned duration by default?
  
Normally much more information is available for activities that will take place closer to the start. Is this reflected in the risk estimate?
  
Source:
Schedule Risk Analysis: Critical Issues for Planners and Managers, Martin Hopkinson
HVR Consulting Services Ltd.: contact This email address is being protected from spambots. You need JavaScript enabled to view it.
Presented at the Fourth European Project Management Conference, PMI Europe 2001, London UK, 6-7 June 2001
 
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