Risk Management Tools And Techniques PowerPoint Presentation Slides
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The document outlines a variety of risk management tools and techniques, emphasizing the risk management lifecycle, types of risks, and strategies for risk mitigation. It categorizes risks into internal and external factors, providing templates for risk tracking and analysis. Additionally, it discusses risk tolerance levels, impact assessment, and response strategies, allowing customization to meet specific project or organizational needs.
Risk Management Tools And Techniques PowerPoint Presentation Slides
- 1. Risk Management Tools & Techniques Company Name
- 2. Risk Management Lifecycle Develop Risk Management Plan Risk Management Close- Out Risk Management Lifecycle This slide is 100% editable. Adapt it to your needs and capture your audience's attention This slide is 100% editable. Adapt it to your needs and capture your audience's attention 2 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 3. Types of Risks (1/2) External Risks Internal Risks Operational Enablers Governance Strategic Planning Ethics & Values Stakeholder Relations Demand Regulatory Economical Socio- Political Environment Access to Services Processes Business Interruption Emergency Response People Financial Technology Infrastructure Listed below are various types of internal and external risks. You can add/ delete the risk types as per your requirements Strategic 3 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 4. Types of Risks (2/2) › Cost Overrun › Operational Controls › Poor Capacity management › Supply Chain Issues › Employee Issues incl.fraud › Bribery and Corruption › Regulation › Commodity prices › Demand Shortfall › Customer retention › Integration problems › Pricing pressure › Regulation › R & D › Industry or sector downturn › JV or partner losses › Debt and interest rates › Poor Financial management › Asset losses › Goodwill and amortization › Accounting problems › Macroeconomic › Political Issues › Legal Issues › Terrorism › Natural disasters Operational FinancialHazard Strategic Below are four broad categories of risk and the various factors associated with the same. You can modify them as per your needs 4 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 5. Risk Categories Your Text Here Your Text Here Your Text Here Quality Your Text Here Your Text Here Your Text Here Project Management Your Text Here Your Text Here Your Text Here All Other Your Text Here Your Text Here Your Text Here Manufacturing Your Text Here Your Text Here Your Text Here System/ Software Quality SystemTeam WorkConsumer ServiceAssemblyData AccuracyProduct Performance Sigma LevelsProduct CostEnvironmentToolsSecurityDesign Your Text Here Your Text Here Your Text Here Product Design 5 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 6. Identify the Risk Categories Risk Level Profitable Growth Low Price Develop New product Leverage Technology Risk Score by Risk Category Risk Category Risk Sub Category Likelihood Financial Funding 2 Financial Capacity 3 Operational Capacity 3 Operational Availability 4 Strategic Customer Retention 5 Strategic Demand Shortfall 5 6 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 7. Risk Tolerance Insignificant increase <10% cost increase 10- 20% cost increase 20- 25% cost increase > 25% cost increase Insignificant fall in schedule <7% schedule slippage 7-10% schedule slippage 10-15% schedule slippage 15-20% schedule slippage Insignificant scope decrease Minor areas of scope affected Major areas of scope affected Reduction unacceptable Project end item is useless Barely noticeable degradation Only demanding applications are affected Reduction requires approval Reduction unacceptable Project end item is unusable Very Low Very High Ordinal Scale (example) 0.7 0.2 0.1 0.9 0.5Cardinal Scale (example) Cost Schedule Scope Quality Low Moderate High Estimate the Risk tolerance level of the stakeholders on the basis of the below mentioned criteria. You can modify these as per your requirements 7 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 8. Risk Analysis – Simplified Format 10 10 100 8 9 72 9 6 54 7 7 49 4 8 32 2 10 20 New operating system may be unstable Communication problems over system issues We may not have the right requirements Requirements may change late in the cycle Database software may arrive late Key people might leave Likelihood of Risk Item Occurring Impact to Project if Risk Item Does Occur Priority (Likelihood * Impact) Risk Items (Potential Future Problems Derived from Brainstorming) Below is the simple version of analysing the risk level on the basis of the mentioned parameters. You can alter these values & parameters as per your requirements 8 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 9. Risk Response Matrix Probability Avoid TransferRetain Retain Design Changes Different Site Conditions Labor Productivity Weather Delays Unrealistic Schedule Defective Work Equipment Failure Labor dispute / Strike 0 10 20 30 40 50 20 40 60 80 100 You can also show the risk response with the help of graph showcasing the probability of risk and the risk response associated with the same. 9 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 10. Risk Tracker ID Description of Risk Impact Risk Response High Level Risk Owner Notes 1 Your Text Here 2 Your Text Here 3 Your Text Here 4 5 6 7 8 9 10 11 12 Below is the template which could be used to track the risk factors and how we are planning to overcome the same 10 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 11. Risk Impact Probability Analysis Manageable by exchange against Internal budgets Increases threaten viability of project Require some additional funding from Institution Requires Significant additional funding from Institution Requires Significant reallocation of Institutional funds (or borrowing) Slight slippage against internal targets Delay jeopardises viability of project Slight slippage against key milestones or published targets Deley affects key stakeholders – loss of confidence in the project Failure to meet key deadlines in relation to academic year or strategic plan Slight reduction in quality/scope, no overall impact Project outcomes effectively unusable Failure to include certain ‘nice to have’ elements Significant elements of scope for functionality will be unavailable. Failure to meet the needs of a large proportion of stakeholders Cost Time Quality Very Low Very High Low Medium High Impact Impact analysis is a tool the assess the level of risk on the project/ company. We have listed down three broad criteria's and the risk impact associated with them. You can alter them as per your requirements. 11 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 12. Risk Impact & Probability Analysis Impact Assessment Schedule Cost Performance Probability of risk occurring 3 Large slip to key milestone of contractual importance Large increases in total cost Major shortfall in operational performance >50% 1 Small slip to an internal milestone Small increase in total cost Minor shortfall in operational performance, which does not impact upon the customer 5-10% 0 No impact on schedule No increase in total cost No impact on operational performance <5% 2 Small slip to key milestone of contractual importance Significant increase in total cost Minor shortfall in operational performance, which impacts upon the customer 5-10% Impact & probability analysis is another tool to assess the level of risk on the project/ company. We have listed down three broad criteria's and the risk impact as well as probability associated with them. You can alter them as per your requirements. 12 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 13. Risk Mitigation Strategies Emphaisize team support and avoid stand-alone project Structure Increase the frequency of project monitoring Increase the frequency of project monitoring Increase project manager authority Use WBS and CPM Use WBS and CPM Improve problem handling and communication Improve communication, project goals understanding, and team support Select the most experienced project manager Increase the frequency of project monitoring Increase project manager authority Use WBS and CPM Technical Risks Cost Risks Schedule Risks This strategy is used to reduce the adverse effects of risk. We have listed down the three categories of risk and also the strategies to be opted to manage the risk levels. You can alter these as per your requirements. 13 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 14. Risk Mitigation Plan Client Management Miscommunication with sponsor/ client regarding project requirement and expectations Update client more frequently along the way with project progress Server Server is down which causes project to be slightly delayed due to application not able to load Perform periodical check on server status Technical Popular web browsers or bootstrap may get an update that will discontinue support for features used in our development as we using responsive bootstrap. This will lead to changes in development plan and will delay our progress Monitor any updates on popular web browser and / or bootstrap and make sure all UI design works as intended on updated web browsers or responsive bootstrap Category Identified Risk Mitigation Plan Once you decide on the risk mitigation strategy then you plan to implement the same. Below is the table wherein you can list down the risk identified and the mitigation plan to curb the same. 14 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 15. Qualitative Risk Analysis (81-100)% Low Risk Moderate Risk High Risk Extreme Risk Extreme Risk (61-80)% Minimum Risk Low Risk Moderate Risk High Risk Extreme Risk (41-60)% Minimum Risk Low Risk Moderate Risk High Risk High Risk (21-40)% Minimum Risk Low Risk Low Risk Moderate Risk High Risk (1-20)% Minimum Risk Minimum Risk Low Risk Moderate Risk High Risk Impact 1 2 3 4 5 Probability Negligible Minor Moderate Significant Severe Each threat and opportunity will be further looked at for quality of data available and the risk ratings imparted Project Risk (Threat and Opportunity) Matrix Any Risk with a probability of over 80% will be treated as a fact and will be addressed in the Project Management Plan and not in Risk management. Risk Threshold( which risks move forward) in the process and which one will be This technique helps in assessing the probability of risk event occurring and its relative impact if it does occur. Using the table below you can assess the risk level associated with the project. 15
- 16. Quantitative Risk Analysis Cost Risk Insufficient funds to support the bid ABC 5/31 Cost High .80 4 3.20 Find a partner to help share costs Borrow money from the bank or investor to fund the effort Schedule Risk Insufficient resources to complete work on time BMC 6/1 Sched. Low .55 4 2.20 Borrow additional proposal staff from another division Hire additional proposal staff or consultants Risk Score = Probability * Impact Risk Score values are between 1-4 (with 4 being the highest risk) or red, yellow, green, blue. Risk Probability values are between 0.1 (Remote Chance) – 1.0 (Certain) Risk Impact values are between 1 (insignificant) - 4 (Unable to meet objectives) Risk Title & Description RESP Due Date Cat. Rating Prob. Impact Total Score Mitigation Actions Contingency Plan This technique helps in assessing the probability of risk event occurring and its relative impact if it does occur. Using the table below you can assess the risk level associated with the project. 16 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 17. Risk Management Tools & Techniques Icons Slide 17 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 19. Our Mission Mission This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Vision This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Value This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 19
- 20. 20 Name Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention Designation Name Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention Designation Our Team
- 21. Comparison 21 5% Your Text Here 10% Your Text Here 40% Your Text Here 30% Your Text Here 15% Your Text Here 25% Your Text Here 10% Your Text Here 30% Your Text Here 20% Your Text Here 15% Your Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 22. $350 $250 $150 Maximum This slide is 100% editable. Adapt it to your needs and capture your audience's attention Minimum This slide is 100% editable. Adapt it to your needs and capture your audience's attention Medium This slide is 100% editable. Adapt it to your needs and capture your audience's attention Financial 22
- 23. 23 Teamwork Makes The Dreamwork About Us • This slide is 100% editable. Adapt it to your needs and capture your audience's attention. • This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 24. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Goal 01 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Goal 02 Our Goal 24
- 25. Dashboard 25 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 0 100 20 10 30 40 80 90 70 60 50 30% Low This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 50% High 0 100 20 10 30 40 80 90 70 60 50
- 26. Quotes 26 It’s not just about being better. It’s about being different. You need to give people a reason to choose your business. - Tom Abbott This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 27. Timeline Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 2015 2016 2017 2018 2019 27
- 28. Clustered Column Chart 40 30 25 45 0 10 20 30 40 50 Jan Feb Mar Apr Profit(Inpercentage) 15 32 48 40 0 10 20 30 40 50 Jan Feb Mar Apr Profit(Inpercentage) 25 35 45 50 0 10 20 30 40 50 Jan Feb Mar Apr Profit(Inpercentage) Product 01 Product 02 Product 03 28 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”.
- 29. Donut Pie Chart % % % 40% Product 01 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 70% Product 02 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 80% Product 03 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 29 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 30. 30 Thank You Address: # street number, city, state Contact Numbers: 0123456789 Email Address: emailaddress123@gmail.com