(University of Management and Technology Lahore, 2015) Naseem Khan; Shoukat Masood; Shahbaz Arshad
We are living in a business world in which requirements for quality and performance have increased significantly and a continuously control over the costs during execution of projects has become essential. Evaluating and updating uncertainties during the whole project duration has become an important part of the project management even for smaller companies.
In the first theoretical part of project, process of risk are briefly described where as in second part, which is industrial case study & application based, we have explained how a risk management plan and risk register is documented in software Primavera P6 R8.2, how these can be categorized, how these can be associated with project activities, how these can be monitored during project execution stage and how reports are generated.