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.
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.
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