2949775133

Ostrava 8.-9. zaff 2010

5. mezinarodnf konference Rfzem a modelovam finanćnfch rizik VŚB-TU Ostrava, Ekonomicka fakulta, katedra Financf

Check lists	•    Captures previous experience •    Present detailed list of risks	•    Check list can grow to become unwieldy •    Risks not on the list will be missed •    Often only includes threats, misses opportunities	•    Regular maintenance is required •    Use of structure can assist (e.g. RBS)
Delphi techniąue	•    Captures input from technical experts •    Removes sources of bias	•    Limited to technical risks •    Dependent on actual expertise of experts •    May take longer time than available due to iterations of the experts’ inputs	•    Effective facilitation •    Careful selection of experts •    Clear definition of scope
Document review	•    Exposes detailed project-specific risks •    Requires no specialist tools	• Limited to risks contained in project documentation	• Understanding of relevance of prior experience
FMEA/Fault Tree Analysis	•    Structured approach, well understood by engineers •    Produces an estimate of overall reliability using quantitative tools •    Good tool support	•    Focuses on threats not so useful for opportunities •    Requires expert tool not generally available to those except experts	•    Detailed description of the area being assessed •    Statistically accurate data on fault probabilities for many events
Force Field Analysis	• Creates deep understanding of factors that affect project objectives	•    Time-consuming and complex technique •    Usually only applied to a single objective, so does not provide whole-project view	• Prioritized objectives
Industry knowledge base	•    Captures previous experience •    Allows benchmarking against external organizations	•    Limited to what has previously happened •    Excludes project-specific risks	• Access to relevant information
Influence diagrams	•    Exposes key risk drivers •    Can generate counterintuitive insights not available through other techniques	•    Requires disciplined thinking •    Not always easy to determine appropriate structure	• Identify key areas to address
Interviews	•    Addresses risks in detail •    Generates engagement of stakeholders	•    Time consuming •    Raises non-risks, concems, issues, worries etc, so requires filtering	•    Good interviewing and questioning skills •    Environment of trust, openness, confidentiality •    Preparation •    Open relationship between interviewer and interviewee