Data Gathering and Representation Techniques

The data gathering techniques include interviewing techniques and probability distributions. Interviewing

This technique is like the interviewing technique discussed earlier in the section "Identifying Potential Risk." Project team members, stakeholders, and subject-matter experts are prime candidates for risk interviews. Ask them about their experiences on past projects and about working with the types of technology or processes you'll use during this project.

For the exam, remember that interviewing is a tool and technique of the Perform Quantitative Risk Analysis process. Although you can use this technique in the Identify Risks process, remember that it's part of the data gathering and representation technique and not a named tool and technique itself.

When using this technique, you should first determine what methods of probability distribution (described next) you'll use to analyze your information. The technique you choose will dictate the type of information you need to gather. For example, you might use a three-point scale that assesses the low, high, and most likely risk scenarios or take it a step further and use standard deviations calculations.

Make certain you document how the interviewees decided upon the risk ranges, the criteria they used to place risks in certain categories, and the results of the interview. This will help you later in developing risk responses as well.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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