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

Factors of quality, Factors of Quality The implications here are tha...

Factors of Quality The implications here are that quality is to be viewed in its totality and not restricted only to the quality of production or products or some aspects

Define the design phase of the project management, Define the Design phase ...

Define the Design phase of the project management. Design phase:   The list of needs which is developed within the definition phase can be utilized to make design alte

Explain the flexibility plans, Question 1: In order to meet the constan...

Question 1: In order to meet the constant changing requirements of the modern business world, organisations are compelled to develop flexibility plans. (a) Explain the vario

Explain the fundamental quality management principles, Question: (a) Ex...

Question: (a) Explain the eight fundamental Quality Management Principles of the standard ISO 9001: 2008. (b) Explain the relevance of the various requirements in terms of M

Key performance indicators of success of business or project, K e y perfo...

K e y performance indicators The key to success of a business is dependant on superior management information. Consequently while monitoring profitability and cash flows, a b

Project cost management, Your project sponsor has asked you and your team t...

Your project sponsor has asked you and your team to refine the existing cost estimate for the project so that there is a solid cost baseline for evaluating project performance. Rec

Explain how using a project management methodology, DG Company has made a s...

DG Company has made a significant investment in a project to develop a new client management IT system, which when implemented should help give the company a competitive edge.  How

Customer value - measure for project management value, C ustomer value ...

C ustomer value There is a considerable debate within the business world on whether the companies will have to deliver value for the shareholders or the customers. There are m

Determine development lifecycles appropriate for project, You have been ask...

You have been asked to acquire charge of a system growth where the customer needs about fifty per cent of the functionality very immediately to meet a business opportunity but wher

Produce a management report of a company, There are two learning objectives...

There are two learning objectives of this assessment. 1. The first relates directly to the operations management materials presented in the lectures 4 and 5. This assessment wil

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