Project Management

Project Management Central

Please login or join to subscribe to this thread

Topics: Risk Management
COVID-19 & Risk Management Plan-Risk Categories
Risk Breakdown Structure, RBS frameworks was not clear! or even not used due to sudden breakout of the crisis.
Are we able to develop a clear RBS framework and consider External Risk Level 2: among Environmental /weather/Crisis & disaster ?
Sort By:
Well, this pandemic was predicted by several scientists and writers. Contingency plans existed, but in some countries, they were abandoned, in US just 2 years ago.

Other countries are quite successful in mitigation, South Korea is mentioned often, also Vietnam, Cuba (who dealt well with Ebola and just sent an emergency team of 50 doctors to Italy, same with China and Russia) and China.
This thing will not be over in a few weeks, and the collateral damage will drag along even longer, for decades (how long does the world suffer from 9/11?).

And luckily we have a WHO which gives some global leadership and the crowd that is working on mitigation.

Democracy is endangered as some rulers (in Hungary, Israel, US and China and more) will leverage the crisis to establish unlimited control over their citizens - this is one of two main risks mentioned by Harari last week. On the other hand, VUCA gets stronger, growth in all aspects continues to be exponential, and these democratize many developments (one of the key trends mentioned by Singularity University). One small example: German government sponsors a hackathon over this weekend with 40K people attending and 900 solutions found so far. #wirvsvirus.
The power of humanity lies in the hive, not the individual.

Interesting times. Stay safe, Adel.
RBS is an artifact each company make at top organizational level and each "instantiated" for each program/project and modified accordenly.
Only if you see it as a risk ;-)
Adel,

RBS is specific to the corporation and different in each industry. Various elements will influence if you consider pandemic as a risk, first is the duration of the project. A project that is a few weeks might not consider pandemic as a risk, a long duration project should.

What is the frequency of pandemic? About 3 per century. But the previous one was the H1N1 in 2009 and the SRAS was in 2003.

Making it the third in this new century!
...
1 reply by Sante Vergini
Mar 22, 2020 6:25 PM
Sante Vergini
...
Mine is a 2.5 year program.
Mar 22, 2020 5:16 PM
Replying to Vincent Guerard
...
Adel,

RBS is specific to the corporation and different in each industry. Various elements will influence if you consider pandemic as a risk, first is the duration of the project. A project that is a few weeks might not consider pandemic as a risk, a long duration project should.

What is the frequency of pandemic? About 3 per century. But the previous one was the H1N1 in 2009 and the SRAS was in 2003.

Making it the third in this new century!
Mine is a 2.5 year program.

Please login or join to reply

Content ID:
ADVERTISEMENTS

"I don't care to belong to a club that accepts people like me as members."

- Groucho Marx