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Topics: Risk Management

Which metrics or indexes have been more often used in project management for controlling or monitoring project's risks?
Network:7 Nuno Costa , Portugal Metrics in risk management Saving Changes... Posted: Mar 16, 2022 3:24 PM

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Kiron Bondale
(Semi) Retired trainer, writer & speaker, World Class Productivity Inc.
Welland, ONTARIO, Canada

Nuno -

You could look at measures such as:

1. % of reserves/buffers used or left relative to the duration of the project

2. Financial impact of realized risks relative to their expected impact

3. % of unidentified risks realized compared to total risks realized

Kiron

Posted: Mar 16, 2022 5:59 PM

Network:94762

Abolfazl Yousefi Darestani
Manager, Quality and Continuous Improvement, Hormann-TNR Industrial Doors
Newmarket, ONTARIO, Canada

Kiron mentioned good examples.

Posted: Mar 17, 2022 8:30 AM

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