5. Prioritize
It is natural to prioritize the risks and opportunities to be addressed according to their impact.
5.1 Quantify risks in terms of probability or uncertainty interval
You can assess the probability of a significant deviation, for example the probability of achieving or failing to achieve a result within a given timeframe.
You can also determine a range of uncertainty for a result. For example, you can announce a minimum and maximum completion time for an action.
Carry out an objective-by-objective analysis, or an activity-by-activity analysis. You can do this by grouping activities into families (for example, design, logistics, assembly, inspection, etc.).
Identify interdependent or outcome-dependent...
The Ultimate Scientific and Technical Reference
This article is included in
Quality manager
This offer includes:
Knowledge Base
Updated and enriched with articles validated by our scientific committees
Services
A set of exclusive tools to complement the resources
Practical Path
Operational and didactic, to guarantee the acquisition of transversal skills
Doc & Quiz
Interactive articles with quizzes, for constructive reading
Prioritize
A few "classics" of uncertainty in project mode
Bibliography
Also in our database
ToolReference standards
ISO 9000 – Quality management systems — Fundamentals and vocabulary
ISO 9001 – Quality management systems – Requirements
ISO 31000 – Risk management — Principles and guidelines
The Ultimate Scientific and Technical Reference
