Mikael Rosén; Amir Saifi MSE-2003:06, pp. 74. Inst. för programvaruteknik och datavetenskap/Dept. of Software Engineering and Computer Science, 2003.
This report provides an overview of Project Risk Management (PRM), which is a key part within project management. We performed a case study within a software company to improve their existing PRM process. The methods we used to perform the case study were interviews and a questionnaire. The objective of the case study was to understand the formal guidelines and the informal practices of managing risks in order to locate the lacks and flaws of PRM at the company. Alongside performing the case study, we studied project risk management in various references to build an overview of the characteristics of a successful model for project risk management. The characteristics of the successful model were compared to the data gathered from our case study and resulted in seven findings/weaknesses. To minimise these weaknesses we have suggested four improvement approaches. The improvement suggestions mainly consist of formal guidelines. Besides guidelines, proper Knowledge of PRM, a Risk Officer and clear Communication channels helps facilitate a more successful PRM.