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

Evaluation of current organisational culture, It is gradually recognised th...

It is gradually recognised that culture, although difficult to measure precisely, it is a real and very powerful force in organisations. Organisational behaviour is related to cult

Differential costing, application of differential costing in project

application of differential costing in project

Analysis of data, After the data have been collected the researcher turn...

After the data have been collected the researcher turns to the task of analyzing them. The analysis of data requires a number of closely related operations such as esta

Describe what is involved in benchmarking, FLF is a courier company based i...

FLF is a courier company based in Z Country which presents direct document and parcel express delivery services for commercial customers. It prides itself not only on its reliabili

What types of errors disclosed in trial balance, What types of errors discl...

What types of errors disclosed in Trial Balance? A Trial Balance discloses the given types of errors as illustrated follows: a. An item posted two times. b. A mistake int

Performance appraisal help in operational decision making, How is the Perfo...

How is the Performance Appraisal help in operational decision making? Performance Appraisal helps in operational decision making in personnel management gives clues to manageme

Result of management project to prevent false expectations, What would be t...

What would be the result of management project to prevent the development of false expectations? Into the initiation phase, the project management partners enter a temporary co

Turn key contracts, Ask question #Miniwhat circumstances that favor turn ke...

Ask question #Miniwhat circumstances that favor turn key contracts mum 100 words accepted#

Design changes during production, Even when the design has been released...

Even when the design has been released for production it cannot be considered to be absolutely final requiring no further changes. Certain problems may be faced during produ

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