Tak Wah Kwan

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Project risks are not always independent, yet current risk management practices do not clearly manage dependencies between risks. If dependencies can be explicitly identified and analyzed, project managers will be able to develop better risk management strategies and make more effective risk planning decisions. This paper proposes a management methodology(More)
Program risk management facilitates a higher-level coordination of interdependencies of risk management activities of all related projects within a program, and supports the optimal risk planning for the program. In addition to the metrics of monitoring individual project risks, risk metrics that monitor the overall program risk level are also essential in(More)
Risk management practices exist to help planning risk responses and identifying risk treatments, but projects usually consist of constraints and lack of resources to implement all the treatments in reality. This paper defines some common criteria to select risk treatments with due consideration of the project constraints, such as budget, resources and(More)
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