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risk management

As CMMI Consultants, we may come across questions related to the definition of “Risk” and basic concepts on determination of Risk. During a meeting held on Process models like CMMI, we found some questions arising out of Risk Management in CMMI. We decided to clarify the definitions on this topic of “Risk” As CMMI Consultant you may take guidance from the details below:

CMMI FAQ 0

RISK: As per various global standards available, “Risk” has many definitions and few extracts are provided below: Risk as defined in ISO 31000:2018: According to ISO 31000, “Risk” is the “effect of uncertainty on objectives” and “effect” is “positive or negative deviation from what is expected”. The following will explain…

September 19, 2019


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CMMI Blog Special Series: 7th Part: This blog series on the cmmiconsultantblog.com is a systematic and structured coverage of CMMI Process Areas starting from Maturity Level 2 to Maturity Level 3: using CMMI –DEV, Version 1.3, as the Reference CMMI Model: As CMMI Consultant, during CMMI Consulting assignment if you are asked about the steps, inputs and outputs of Risk Management (RSKM) Process Area, what would be your response:

CMMI FAQ 0

For the above-mentioned question, CMMI consultants may take inputs from the following: Risk Management is the systematic process of understanding, evaluating and addressing the risks. It is a continuous process that is an important part of project management. Risk handling activities may be planned and invoked as needed across the…

September 17, 2015


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How to conduct Project Monitoring and Control (PMC) as per CMMI?

CMMI FAQ 0

The purpose of Project Monitoring and Control (PMC) is to ensure that the project progresses as per the planned activities. Project Monitoring and Control (PMC) helps in developing the understanding on the project progress that help in taking the appropriate actions in order to control the deviation from plans. Project…

August 6, 2013


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How to conduct Risk Management, in CMMI?

CMMI FAQ 0

Risk Management (RSKM) is a CMMI Maturity Level 3 Process Area. Risk Management deals with the identification of potential problems before they occur in projects and if they occur we have a mitigation plan ready to handle them. Risk Management (RSKM) in the project starts with the project initiation and continues…

July 18, 2013


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How to conduct Risk Management from CMMI point of view?

CMMI FAQ 0

In CMMI, Risk Management (RSKM) is a process area at CMMI Maturity Level 3 and requires projects to manage Risk so that projects are not disturbed by any unwanted conditions and deliver the result which they are intended to. In CMMI Maturity Level 2 under Project Monitoring and Control Process…

April 30, 2013


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What is the impact when the organization not doing proper Risk Management?

CMMI FAQ 0

What you’ll see: Idealistic approach that assumes “all is well” even when there is evidence that all is NOT well Issues that are known risks to project staff are a surprise to management Every time a new problem manifests, a new management technique is tried

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Sidebar


Author: Rajendra Khare


Rajendra's LinkedIn Profile
Rajendra is a qualified and certified Lead Appraiser and Instructor for the following :

  • SCAMPI High Maturity Lead Appraiser (Certified)
  • CMMI Institute-Certified SCAMPI v1.3 Lead Appraiser for Acquisition (Certified)
  • CMMI Institute-Certified SCAMPI v1.3 Lead Appraiser for Development (Certified)
  • CMMI Institute-Certified SCAMPI v1.3 Lead Appraiser for Services (Certified)
  • CMMI Institute-Certified Introduction to CMMI-DEV v1.3 Instructor (Certified)
  • CMMI Institute-Certified Services Supplement for CMMI-DEV Instructor (Certified)
  • CMMI Institute-Certified CMMI-DEV Level 2 for Practitioners Instructor (Certified)
  • CMMI Institute-Certified CMMI-DEV Level 3 for Practitioners Instructor (Certified)
  • CMMI Institute-Certified SCAMPI B & C Team Leader for Acquisition (Certified)
  • CMMI Institute-Certified SCAMPI B & C Team Leader for Development (Certified)
  • CMMI Institute-Certified SCAMPI B & C Team Leader for Services (Certified)

Rajendra is Lead Assessor for ISO 9001 (QMS), ISO 14001 (EMS), OHSAS 18001 (OHSMS) since 1994

International Automotive Task Force (IATF) approved Lead Assessor for Automotive Standard TS 16949:2009

Lead Assessor for ISO 27001 (ISMS) and ISO 20000-1 (ITSM)

Rajendra has 25 years experience in the industry.


Tags

cmmi cmmi-acq cmmi-dev cmmi-svc cmmi appraisal CMMI Assessment cmmi benefits CMMI Certification cmmi consultant cmmi consultants cmmi consulting cmmi faq CMMI for Acquisition cmmi for development cmmi for services cmmi high maturity cmmi implementation cmmi institute cmmi maintenance cmmi maturity level cmmi maturity level 2 cmmi maturity level 3 cmmi model cmmi process cmmi process improvement cmmi services configuration management dqs india high maturity Information Security iso 9001 maturity level metrics opd organizational training pal PPQA process improvement qms requirements management risk risk management sam sepg supplier agreement management

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