project priorities

This forum focus on project portfolio risk management theory and RiskyProject Enterprise software. Submit any questions about enterprise risk management, and qualitative / quantitative risk analysis for multiple projects. This forum also includes discussions about project risk analysis on the enterprise level.

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katto1
Posts: 9
Joined: Sat Apr 23, 2011 10:48 am

project priorities

Post by katto1 » Sun Jan 07, 2018 11:56 am

How project priorities are affecting risks in RiskyProject Enterprise?

Intaver Support
Posts: 826
Joined: Wed Nov 09, 2005 9:55 am

Re: project priorities

Post by Intaver Support » Sun Jan 07, 2018 11:57 am

Project priorities affect integrated (cumulative) risk impact for multiple projects. Each project has its own risk register. The same risks can be assigned to multiple projects with their probabilities and impacts. For example risk “Delay with delivery of component” can be assigned to project1 and project2. The cumulative impact of this risk on the portfolio will be calculated as a sum impact on each particular project multiplied on project priority. If priority of project1 is 0.2 and priority of project2 is 1, it mean that cumulative impact of the risk “Delay with delivery of component” on portfolio will be equal sum of 100% risk impact on project2 and 20% risk impact on project1.

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