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6 Cards in this Set

  • Front
  • Back

Risk Processes

PIQQR (I am a picky eater)

Plan

Identify

Qualify (remind them that qualify comes before quantify alphabetically)

Quantify

R (Plan Responses)MonitorControl

Risk Processes Tools

Caddies are expensive


C heck List analysis


A ssumptions Analysis


D ocument Reviews


D iagram Techniques


I nformation Gathering


E xpert Judgement


S WOT

Information Gathering Technique

Birds Gather Information


Brain storming


Interviews


Root Cause Analysis


Delphi Technique


(Oracle of Delphi)

Positive and Negative Risk Response Strategies

SEE A ATM


Positive Response


Share


Enhance


Exploit


Negative Reponse


Avoid


Transfer


Mitigate

Avoid Risk

Lower Probability



Mitigate Risk
Reduce the risk impact