ITPM

includes the processes required to ensure that the project will satisfy the needs for which it was undertaken.

• Quality Planning

• Project Quality Management

• Benchmarking

• Bakit

should address both internal and external risks

• Risk identification

• Risks should not be addressed.
• Only external risks should be addressed.
• Only internal risks should be addressed.

are categories of possible risk events (e.g., stake- holder actions, unreliable estimates, team turnover) that may affect the project for better or worse.

• Resource allocation
• Project milestones
• Risk factors
• Sources of risk

also called Ishikawa diagrams or fishbone diagrams, which illustrate how various causes and sub causes relate to create potential problems or effects.

• Effect-and-Cause Diagrams

• Cause-And-Effect Diagrams

• Data Flow Diagram

• UML

are discrete occurrences such as a natural disaster or the departure of a specific team member that may affect the project.

• Potential risk events

• Predictable outcomes that always benefit the project
• Continuous events that have no impact on the project
• Random incidents that are not related to the project

are sometimes treated as a single process, and the combined process may be called risk analysis or risk assessment.

• Threat assessment and vulnerability analysis
• Hazard analysis and risk mitigation
• Risk identification and risk quantification

• Risk evaluation and risk management

this category of contract involves payment (reimbursement) to the seller for its actual costs.

• expense-compensation contract
• reimbursement agreement
• Cost Reimbursable Contracts

• cost-sharing contract

is the process of identifying which project needs can be best met by procuring products or services outside the project organization.

• Project Management
• Resource Allocation
• Risk Management
• Procurement Planning

is done during risk monitoring and control

• Variance/trend analysis

• Assuming risk process effectiveness without evaluation
• Ignoring trigger conditions for contingency plans
• Creating new risks without analysis

developing individual and group skills to enhance project performance.

• Teams

• Benchmarking

• By Pair

• Team Development