Managing Risks

„The important thing is not to stop questioning.“
(Albert Einstein)

Managing risks means to identify problems early enough to take action in advance in order to be reactable in the case and at the moment they do happen. Potential risks within the test process can be controled and mastered by an effective Risk Management.

Make use of our experiences on Risk Identification, Risk Prevention and Risk Control of be able to react as quickly as possible in the course of your project.

Approach

Potential problems for your test project will be defined in a workshop. Our Risk Database with probable risks for test projects will be the base of Risk Identification.

Afterwards, the identified risks will be valuated regarding their priority and the risk entry indicators will be defined. The risk valuation makes transparent which are the most urgent and which need immediately action. In dependency of this valuation we will agree with you possibly immediate measures for risk prevention and actions if a risk occurs. Evaluations schemes, risk entry indicatores and possible measures to prevent risks from our database will serve as the basis of discussion.

The results of the workshop represent a summation of the current situation which can and will certainly change in the course of project. Therefore a process for your risk management must be defined and implemented. Completing the workshop we will thus present our Risk Management Process and adapt it together to the project needs.

Results

Risk Management Matrix
Process description of Risk Management

Benefit

Identification of usual risks supplemented by possibly existing project specifics on the base of our Risk Database for Test Projects
Immediate availability of evaluation schemes, risk entry indicatores and possible measures to prevent risks
Fundated support for the supplementation of your project specific because of comprehensive experience data
Overview of all relevant and possible risks including measures for risk prevention and risk occurance
Defined process for control and management of project risks during your test project

Prerequisites

None

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