Risk mitigation plans and risk scores

This forum containts questions about RiskyProject project risk analysis and risk management software: features, issues, problem reports. If you have any problems or question, please submit it here.

Moderator: Intaver Support

Post Reply
Jason
Posts: 29
Joined: Wed Nov 09, 2005 10:46 pm

Risk mitigation plans and risk scores

Post by Jason » Thu Nov 16, 2017 4:25 pm

Is the pre-mitigation probability / impact used in the calculation regardless of what is specified in the mitigation plan?
Jason

bbadmin
Site Admin
Posts: 18
Joined: Tue Nov 08, 2005 8:34 pm

Re: Risk mitigation plans and risk scores

Post by bbadmin » Thu Nov 16, 2017 4:27 pm

Yes, mitigation plans are only plans and do not affect the calculation. The Pre-mitigation score reflects the current risk model without mitigation efforts. Mitigation plans are a reflection of what the outcome of certain mitigation activities will have on the risk, but these actions may or may not prove effective during project execution. So in the plan below, the project team is expecting that the 2 mitigation activities will reduce the potential impact of the risk on the project, however until they are completed the project is still in a pre-mitigation state and therefore they cannot impact the cost or schedule analysis.

Image

Post Reply