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

Different phases of a new product development, The banking sector provides ...

The banking sector provides a wide range of products and services to Retail and Business customers. Before making any product available to the customers, banks have to carry out ma

Explain on the verbal and non-verbal tactics, Questiuon 1 a) Describe o...

Questiuon 1 a) Describe on the factors that you need to consider when planning the presentation. b) Describe the importance of listening for members of the audience and expl

Show idea screening in process of development, Q. Show Idea Screening in Pr...

Q. Show Idea Screening in Process of development? Idea screening involves the acceptance of formulation of the idea by doing cause and effect analysis. This stage usually ident

Llean management, Arvin Automotive, a company that makes muffler assemblies...

Arvin Automotive, a company that makes muffler assemblies for the Big Three, is committed to the use of Kanban to pull material through its manufacturing cells. Arvin has designed

Management of change, Problem 1: a) ‘Project Management is closely link...

Problem 1: a) ‘Project Management is closely linked with the management of change' Explain why. b) Elaborate on two models of change. Explain the relevance, applicability

Explain feasibility analysis and product development process, Q. Explain Fe...

Q. Explain Feasibility Analysis and Product development process? Once the product concepts have been  formed, the feasibility studies are conducted. This study involves the fol

What are the steps of controlling in the management, What are the steps of ...

What are the steps of controlling in the management? All the steps comprised in controlling are as follows: • Purpose of standards of performance. • Measurement of defini

Element of total quality management, In order to adopt and initiate TQM ...

In order to adopt and initiate TQM within any organization it is necessary to understand the key elements. These elements which form the essential core of the TQM phil

Eassy, Written Assessment Assessment Title Essay Task Description Task ...

Written Assessment Assessment Title Essay Task Description Task Your task is to consider the contents of:- SEBoK Kerzner">http://www.sebokwiki.org Kerzner (2013) AS/NZS 1

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