Practical sheet | REF: FIC1354 V1

Involving the project team in risk analysis

Author: Laurent VINCI

Publication date: October 10, 2014 | Lire en français

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3. The project manager's specific role in risk analysis

The project manager has a special role to play in the risk analysis process.

If we stay purely on theoretical ground, the project manager's interest is to have the most precise possible vision of the risks looming over his project. In practice, as described above, the project manager is subject to a double pressure:

  • have a risk database that is as up-to-date as possible in order to know the situation perfectly;

  • generate the margins requested by management while maintaining a coverage ratio in line with company rules.

3.1 Importance of the project manager in choosing the amount for contingencies

Here's an example of the selling price of a...

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