BASELINE PLANNING
What Is It
Baseline planning method develops mitigation plans or
strategies across sets of related risks. These sets are
identified during Baseline
Identification and Analysis. Baseline planning is
performed effectively through a series of group
planning and follow-on integration sessions to deal
with the sets of risks. Risks dealt here are those for
which a task plan is required for mitigation, not sets
of risks which can be accepted or watched at the time.
When To Use
Use this method
- Shortly after baseline identification and
analysis, or after establishing and analyzing a
baseline set of risks.
- To deal with multiple sets of risks. Use Problem-Solving Planning to
deal with a single risk or single set of risks to
develop a detailed plan for mitigation.
- To address a relatively important set of risks
where the solution is not so obvious.
- With Interrelationship
Digraph to determine which risk areas need to be
dealt with first.
Benefits
This method
- Builds a team effort on developing an effective
integrated risk mitigation plan for important risks
in a short period of time.
- Maximizes opportunity and value while minimizing
risk impacts and cost.
|
