3 Main Diagramming Techniques for Projects
When it comes to analysing project risks, there are some diagramming techniques that can assist the project manager in analysing project risks. This will allow the project manager to analyse the probability and impact of risks and make appropriate recommendations.
In this article, I want to look at three diagramming techniques that can be used to analyse project risks in any organisations. Here are some of those methods:
#1 CAUSE AND EFFECT DIAGRAM
This is one of the main tools that can be used to analyse risks and make appropriate recommendations. Cause and effect diagram can assist the Project manager in identifying the cause of the project risks. This ensures that the Project Manager is really addressing the main problem.
Take, for example, the Project Manager has an issue; the deliverables of the project are not meeting the required standard. Performing and using cause and effect diagram will allow you to identify the main issue and get rid of the problem.
Flowcharts are another tool that can be used to identify project risks and get rid of them or mitigate those risks. Flowcharts can be used to determine the relationships between the system components and the processes to be followed in order to achieve the required deliverables.
#3 INFLUENCE DIAGRAM
Influence Diagram is one of the tools that can be used in the decision-making process for any project. It allows the Project Manager to consider various factors before they arrived at their final decision. They are able to identify areas where they should never compromise on quality.
Take for example, a Project Manager managing a construction project. The use of Influence Diagram will allow him to understand that he need not compromise but he can still compromise when he is choosing the frame to use for the Windows.
An Influence Diagram is a visual representation of a decision when planning project risks. These diagrams are used to indicate a problem in the design by identifying elements such as uncertainties, decisions and objectives and how these elements influence each other.
The semantic for Influence Diagrams are as follows:
- Rectangle indicates decision.
- Oval indicates uncertainty.
- Octagon indicates objectives or value
- Rounded triangle indicates function.
Now your take on this argument.
We would also like to hear what you feel about the topic we discussed today. Your feedback is very important to us. Feel free to drop your comments and recommendations. If you have a contrary opinion, you can drop that too.
You can also join our Facebook Page CRMNigeria for more updates. You can do that by clicking on the link or searching for our page on Facebook.
Click here to Download 5 E-Books that I have taken time to prepared for you.
These E-Books contains formulas that have helped many of my students to nail the PMP Exam. You can also make use of this E-Books. While you are using it if you have questions to ask me concerning the Formulas, feel free to shoot me a mail. I am committed to assisting you to nail your PMP exam. It’s a pledge. You can always count on me as a friend.
PS: For like seven years since I started blogging I have tried many platforms and tools. Some worked and some of them performed below expectation. Here are some of the tools that I will gladly recommend for you any day, any time.
You need to confirm your subscription by clicking on the link sent to you. You can check the spam folder for it. Add us to your mailing list to receive directly from us.
PS: Click on the link below to sign up for my Online E-Course CRM Training. Make sure you confirm your subscription by clicking on the link sent to you. Thanks.
Adeniyi Salau is a Digital Marketer, Project Manager and SEO Expert of repute with about a decade of Blogging and online marketing experience. He is always ready to share his experience with others.