Risk Preparation Notes for Students

Some simple preparation is required before the risk workshop. If you have any questions, please call Neil Potter 972-418-9541, or use our contact page.

Task	Description
Class Overview	The topics covered are: Definition of risk management Where does risk management fit in waterfall, agile and iterative life cycles Risk process steps How to differentiate between risk and issues. How to describe it. How to know when the risk has become an issue and how to respond Exercise to assess risk on your project now Using risk data in a project schedule — making it visible When to review and communicate risks Monitoring and controlling risk Protecting the plan Change controls Responding to risks Identify and categorize risk Risk identification techniques Risk response planning Risk management plan Involving stakeholders
Team Selection	In the class you will be in teams of approximately 2-7 people. Each team will develop a risk plan for part of its current or future work.A team might be: An existing project team (e.g., project lead, tester, developer) 4-5 class students helping another student that brought a project to class. 4-5 class students with a project common to all of them
Preparation for Each Team	Each team needs to bring one of the following (whichever you have, or would like to work on): A project description or medium-size task (approx. 2 months -> 1 year) that has not started yet that you would like to assess risk for An existing project that you would like to assess risk for where there is at least 1 month work remaining A task breakdown to look at to assess risk
Tools	Each team can either work: On paper (with a provided copy of a blank risk log) In Excel with an electronic copy of a risk log