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Strengths, weaknesses, opportunities, and threats (SWOT) analysis: This technique ensures examination of the project from each of the SWOT perspectives, to increase the breadth of considered risks [1].

Checklist Analysis: Risk identification checklists can be developed based on historical information and knowledge that has been accumulated from previous similar projects and from other sources of information. The lowest level of the RBS can also be used as a risk checklist. While a checklist can be quick and simple, it is impossible to build an exhaustive one. Care should be taken to explore items that do not appear on the checklist. The checklist should be reviewed during project closure to improve it for use on future projects [1].

Assumptions Analysis: Every project is conceived and developed based on a set of hypotheses, scenarios, or assumptions. Assumptions analysis is a tool that explores the validity of assumptions as they apply to the project. It identifies risks to the project from inaccuracy, inconsistency, or incompleteness of assumptions [1].

Risk Management Perspectives

The first is precedent - how were risks handled before in similar circumstances? Much has been documented in this area in the form of case studies and anecdotes. Second, the current position needs to be fully considered: what are the specific, known and speculative risks relating to all the relevant factors? The workshop provides a good starting point to uncover evident and less apparent issues. But a third and complementary approach is also important - brainstorming or envisaging the totally unexpected, perhaps incredible, but nevertheless possible scenarios [1].

Lessons fro T5 Project

Training: People are the most important part of any project

According to XXXXXX, some middle managers and staff representatives within BA had warned of the apparent lack of training weeks before the opening of T5. As I stated previously system simulation testing was carried out initially with a few members of staff, but it was reported that subsequent tests which would have included all members staff in the baggage section was called off. It beats my imagination why this was not spotted as a potential risk. It would therefore seem that although training was carried out, but it was the wrong type of training, not sufficient, not with all members of staff, and it was not taken as part of a coherent management plan, the right sort of training would have made some difference.

T5 Risk Assessment: Reliance on System vs Processes

According to Kerzner (2003), for high profile projects, it is imperative to focus on testing the entire business processes and the systems as well rather than focus on system testing only. This concept comes from the tried and tested model office testing concept, whereby every detail in each process is tested as a separate entity. If such was applied to the T5 project, even processes such as members of staff finding their way to the car park 本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。