2. Role of each player in risk analysis

2.1 Defining the scope of the analysis and the reference scenario

To say that a project is likely to be a month late is meaningless if you don't know the end date and duration of the project. On a twelve-month project where planning is a key element, one month's delay represents a catastrophe. On a ten-year project, whatever the constraints, one month's delay (alone) represents a miracle.

The definition of this scenario cannot be determined by the project manager or risk manager individually.

How can we estimate a building's resistance to a reference earthquake, or the time required for operations on an assembly line,...