PMI

Challenge existing process elements by performing a value stream analysis and removing waste in order to increase individual efficiency and team effectiveness.

Define resource requirements and needs

Decide the risk response actions (time bound) based on the risk response strategies and identify action owners

Create systemic improvements by disseminating knowledge and practices across projects and organizational boundaries in order to avoid re-occurrence of identified problems and improve the

Communicate resource requirements

Assess the effectiveness of the risk response actions against the identified strategy and the project objectives impact

effectiveness of the organization as a whole.

Manage suppliers/contracts

cost/schedule/environment etc., effect of the action on the probability or the risk impact

Define or review a business problem or opportunity using problem and opportunity analysis techniques in order to develop a solution scope statement and/or to provide input to create a business case.

Plan and manage procurement strategy

Illustrate and communicate effectiveness of the risk response strategies

Collect and analyze information from a variety of sources using valuation tools and techniques to contribute to determining the value proposition of the initiative.

Develop a delivery solution

risk burndown chart, dot plots

Collaborate in the development of project goals and objectives by providing clarification of business needs and solution scope in order to align the product with the organization’s goals and objectives.

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