Tools & Methods

Today's programs are increasingly complex, utilizing numerous partners, subcontractors, and a variety of stakeholders, thus requiring highly-effective methods for dealing with large volumes of management data, including risks. The more traditional approaches to risk management that focus on the tactical analysis of numerous, individual risk statements do not easily scale to the needs of today's programs. Many programs would benefit by improving, or in some cases, replacing their current risk management practices. Our tools and methods can help you increase your chances of success by using systemic risk management or help you improve your tactical risk management practice.

Although it is a traditional approach for managing project risk, Continuous Risk Management (CRM) is still in use today—nearly 15 years after it was released. However, in response to the need for a more systemic approach, we developed the Mosaic suite of practical and innovative methods that can be used to systemically manage risk and opportunity across the life cycle and supply chain. Between Mosaic and CRM, we have developed the following methods and frameworks.

Integrated Risk and Opportunity Management

Traditional Risk Management

Additional Customer-Provided Information

Extensive information on Risk Management related subjects (books, articles, white papers, presentations) can be found in the SEI’s Information Repository (SEIR). Use of the repository is free, but visitors will need to register and receive a password in order to view the information. The repository includes the following categories: General Information, FAQ/News Groups, Benefits/Case Studies, and Implementation (including Lessons Learned).

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info@sei.cmu.edu

412-268-5800