Peril database, Project Management

Assignment Help:

PERIL Database 

The Project Experience Risk Information Library (PERIL) is a database, which provides a basis for the analysis of high-tech project risk. 

A project can have known risk, which appears frequently and can be easily analysed and the unknown risk, which  are unique and difficult to analyse. PERIL provides a template which acts as a framework for risk identification. 

The data 

PERIL cannot be considered as comprehensive as it  contains  very less number of projects taken on by the project managers. It does not include all the problems encountered by the projects present in it. 

  •   PERIL collects data which are self-reported. 
  •   PERIL represents few minor risks in it. 
  •   The collected risk information is typical to the projects included in it. 

The PERIL represents risk impact in terms of time. It consist both long term and short term projects, however, most of projects have duration between six month and one year. The typical staffing for some very large programs was between 10 and 25 people. Below table represents the geographic and raw project numbers in the PERIL database.  

Table: Sources of PERIL Data   

581_peril data.png


Related Discussions:- Peril database

Layout planning and analysis, Layout Planning and Analysis Designing a...

Layout Planning and Analysis Designing and installing a layout for the first time and subsequent revision may be looked after by the. Engineering or planning department. Not i

Program management process , Define the concept of Program Management Proce...

Define the concept of Program Management Process  As we learnt in the previous section Program?s process depends mostly on the characteristics of the product/service offered by

Explain the development process, Question 1: "Total Quality Management ...

Question 1: "Total Quality Management is regarded as a quick fix solution by many organizations.This has led many companies to start on the road to total quality improvement in

Explain what deming meant by the following statements, Question: (a) Ex...

Question: (a) Explain what Deming meant by the following statements? What happens if you do not fulfill those principles? (i) Institute leadership. (ii) Drive out fear.

Multilpe choice questions, Which of the following statements about variable...

Which of the following statements about variable and fixed expenses, as they relate to relevance , is/ are true? (1) Variable expenses may or may not be, relevant costs? (2) Varia

Contract process cycle , Contract process cycle  Contract process goes ...

Contract process cycle  Contract process goes through the following stages to complete the contract documentation cycle:    Pre tender documentation stage.    Approval

Management, Discuss management in Project Management

Discuss management in Project Management

Outline at least three steps common to pert and cpm, QUESTION (a) Feasi...

QUESTION (a) Feasibility Study is a preliminary study undertaken before a real work of a project start what factors should the project manager take into consideration while con

Factors affecting process planning - processing method, Processing Method ...

Processing Method The process by which  product is made has a direct impact on the  process planning because variation of the  process will vary  the type of machine  tool, eq

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd