Templates For Creating A Risk Breakdown Structure
The concept of the RBS is new. The PMBoK (2004), barely references its use; however, the PMI Standards team has incorporated the RBS in the Practice Standard for Risk Management (draft for release in 2009). The PMBoK provides an example graphic of the RBS in Chapter 11, Figure 11.4. This reference has as major topics: Technical, External, Organizational, and Project Management. Another source provides the following major topics: Technical, Management, Organizational, External, and Project Management. Dr. David Hillson, in the proceedings of the Project Management Institute Annual Seminars and Symposium, on Oct. 3-10, 2002, provided several different RBS Structure examples, with topics similar to those already shown. Dr. Hillson broke out two different examples, an RBS for Software Development, which had the following major topics: Product Engineering, Development Environment, Program Constraints; and an RBS for Construction Design, which has these major topics: Environment, Industry, Client, Project.
Each RBS is broken into "levels", with each level providing a more in-depth "view" of the identified risk. As an example, in creating a RBS for software development, Level 1 of the RBS might be Technical, followed by Level 2, Requirements, followed by Level 3, Functional Requirements, Informational Requirements, Non-functional Requirements, etc. If desired, Level 3 can be further refined with Level 4, Stability, Completeness, Functionality, Interfaces, Testability, etc., Level 5, etc.
Once the project team has created its RBS, then individual risks can be identified. Several different techniques for defining the individual risks are available, including brain-storming, surveys, workshops, etc. Each identified risk needs to be categorized, and placed in the RBS under a specific topic (or topics if the risk spans two or more topics, such as a risk in gathering requirements might span Technical, organizational and project management.
After the RBS has completed its first "pass" in the creation phase, it can then become an input to qualitative risk analysis, where probabilities, priorities, and impacts are determined.
Read more about this topic: Risk Breakdown Structure
Famous quotes containing the words creating, risk, breakdown and/or structure:
“A designer who is not also a couturier, who hasnt learned the most refined mysteries of physically creating his models, is like a sculptor who gives his drawings to another man, an artisan, to accomplish. For him the truncated process of creating will always be an interrupted act of love, and his style will bear the shame of it, the impoverishment.”
—Yves Saint Laurent (b. 1936)
“Mens hearts are cold. They are indifferent. Not all the coal that is dug warms the world. It remains indifferent to the lives of those who risk their life and health down in the blackness of the earth; who crawl through dark, choking crevices with only a bit of lamp on their caps to light their silent way; whose backs are bent with toil, whose very bones ache, whose happiness is sleep, and whose peace is death.”
—Mother Jones (18301930)
“With the breakdown of the traditional institutions which convey values, more of the burdens and responsibility for transmitting values fall upon parental shoulders, and it is getting harder all the time both to embody the virtues we hope to teach our children and to find for ourselves the ideals and values that will give our own lives purpose and direction.”
—Neil Kurshan (20th century)
“Im a Sunday School teacher, and Ive always known that the structure of law is founded on the Christian ethic that you shall love the Lord your God and your neighbor as yourselfa very high and perfect standard. We all know the fallibility of man, and the contentions in society, as described by Reinhold Niebuhr and many others, dont permit us to achieve perfection.”
—Jimmy Carter (James Earl Carter, Jr.)