3. Calendar risk management

As a complement to generic risk management, the aim of schedule risk management is to assess hazards before and during the project, and their impact in terms of delays to progress milestones. This is necessary in order to implement risk management actions that will guarantee the project's schedule objectives.

The inputs to the analysis are :

• project objectives (performance, costs and deadlines) ;

• functional modelling of the system, subsystems and interfaces ;

• flowchart of tasks and associated costs ;

• the phase-by-phase task strategy and planning.

The aim of calendar risk management is to keep all structural and cyclical risks of delay below acceptable delay targets for the project....