Risk Model Checklist
Checklist ensures the risk model chosen for the project is sound and will be effectively deployed.
Mark all that apply.
Is the plan from which the risk model has been derived judged to be sound?
Does the network used for the risk model include the key areas of programme risk without going down to an inappropriately low level of detail?
Is the network logic sound? Is the logic free of fixed date constraints?
Does the risk model include discrete risks, and if so, are these risks drawn from a risk register that the project believes to be of good quality?
Will the project be able to make active use of the results to improve project control?
What are the key assumptions implicit in the risk model? Have these been explained in any reports that include the results?
Source:Schedule Risk Analysis: Critical Issues for Planners and Managers, Martin Hopkinson
HVR Consulting Services Ltd.: contact martin.hopkinson@hvr-csl.co.ukPresented at the Fourth European Project Management Conference, PMI Europe 2001, London UK, 6-7 June 2001