Reevaluate Project Scope and Risk 666F17C8






Activity: Reevaluate Project Scope and Risk








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Activity: Reevaluate Project Scope and Risk















This activity reappraises the project's scope and risk and updates the business case.








DescriptionWork Breakdown StructureTeam AllocationWork Product Usage








Relationships



Parent Activities


Project Management






Description



This activity reappraises the project's intended capabilities and characteristics, and the risks associated with achieving them. As the capabilities and risks are better understood, the business case should be updated, to ensure that the project continues to be worth investing in, in its current form, or if a change in direction is needed.



Properties



Event Driven


Multiple Occurrences


Ongoing


Optional


Planned


Repeatable



Staffing



The skills required in the person acting as Project Manager in this activity are in technical project management - risk analysis, planning and decision analysis - and in the domain of the application.



Usage



Usage Guidance This evaluation is done at the end of each iteration, as more is learned, and risks are retired (See Activity:  Reevaluate Project Scope and Risk). This activity is recommended, to ensure that project scope and risks are managed effectively. This activity updates and refines the Risk List and Business Case. Techniques such as those described in Activity: Conceive New Project: Guidelines may be used for risk and decision analysis. The Risk List and Business Case should be subjected to internal walkthroughs and reviews to ensure there is a general consensus, before the next round of detailed planning is begun.





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