3 Main Diagramming Techniques for Projects
When it comes to analyzing project risks, there are some diagramming techniques that can assist the project manager in analyzing project risks. This will allow the project manager to analyze 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 analyze project risks in any organization. Here are some of those methods:
#1 CAUSE AND EFFECT DIAGRAM
This is one of the main tools that can be used to analyze risks and make appropriate recommendations. The 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 diagrams 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 the 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:
- The rectangle indicates a decision.
- Oval indicates uncertainty.
- Octagon indicates objectives or value
- A rounded triangle indicates the function.
All activities in the Planning marketing function are related and will be the foundation for the next function to work from by building on the blocks created. The planning stage is crucial for success and aligns all other functions towards a common goal, plan, budget, and audience.
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