Postmortem Plan
Explain the benefits of risk management in support of the project.
Define the plan’s goals and objectives as they relate to the evaluation of risk for a project.
Evaluate the company background and identify the stakeholders, their role in the enterprise, and their impact on the plan.)
Describe qualitative and quantitative risk analysis processes to determine priority and impact of project risks strategies for identifying and evaluating project risk.
Identify strategies appropriate for the project situation and the parameters for analysis.
Define the boundaries of the risk management plan scope.
Explain the components and the corresponding responsibilities that comprise the Risk Management Plan.
Describe the processes included in a risk management plan.
Identify sources of risk and the corresponding potential impact on project outcomes.
Define the elements of the risk breakdown structure for use in evaluating project risk.
Analyze the impact of risk on project outcomes.
Analyze project risk to identify major and minor risks associated with the project.
How were the risks determined?
Were qualitative or quantitative methods used?
Was the most effective method applied to determine risk?)
(Integrate qualitative and quantitative risk analysis techniques to identify methods for evaluating the probability of a risk
How confident are you in the accuracy of the probabilities used?
What can you do to improve the accuracy of the probability?
Define the process and tools to be used to determine the quality of data for use in assessing project risk.
How reliable is the data?
What is the evidence of reliability?)
Define the process to be followed for risk reviews to be conducted throughout the project life cycle. Insert your completed Risk Monitoring and Control Template. See the end of this document for an example.
What is being done to proactively reduce risk in the future?
What is being done to communicate risks?
Evaluate the organizational and departmental tolerance for risk.
Discuss the different risk tolerances within the organization.)
Identify risk mitigation approaches in support of the project.
How will you implement the mitigation approaches?
Have you identified specific triggers to initiate mitigation?
Describe your strategy for corrective risk management.
Explain whether you will use auditing, strategic planning, or another type.
Describe the corrective action process and responsibilities.
Will you be performing a risk postmortem? If not, why not?)
Is your documentation available to others?
Is it reviewed by the team or others?
Identify and describe how results data will be collected and reviewed to determine corrective actions.
Did your postmortem results lead to any concrete changes? Explain.
Evaluate the organization’s view of risk management and approach, resulting from project outcomes.
Did this project change the organization’s approach and management of risk?
Describe the impact of postmortem results on the organization.
Recommend corrective plan procedures to effectively manage risk.
What recommendations would you make for future risk management projects?
What resources did you use to support your assertions?
