Practical sheet | REF: FIC0877 V1

Update the project's risks and opportunities (R & O) analysis

Author: Jean-Pierre PAYRE

Publication date: February 10, 2023 | Lire en français

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    Overview

    Read this article from a comprehensive knowledge base, updated and supplemented with articles reviewed by scientific committees.

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    AUTHOR

    • Jean-Pierre PAYRE: Senior project manager – Project management consultant, Grenoble, France

     INTRODUCTION

    Risk and opportunity analysis (R&O) is a process that supports project teams and stakeholders throughout the project life cycle. This analysis covers technical, quality, performance, financial and scheduling issues, as well as human and organizational ones. It provides essential lessons for controlling project progress, implementing action plans to preserve the project's financial margin, and capitalizing on feedback.

    In addition to the risks, the search for opportunities will make it possible to mitigate certain risks and restore the project's financial margin.

    This practical guide will help you make risk analysis operational and relevant at all times, within the framework of a project, by applying best practices.

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