ABSTRACT

This chapter focuses on the correlation between project risks and success criteria in order to facilitate a timely selection of an appropriate set of countermeasures to be available for the Project Manager or for the person assigned to ongoing risk analysis. In order for a project to reach its success criteria, a systematic approach to Project Management is required, in which risk management plays a significant role. The ability to detect and control the various risks that could affect success criteria values is a powerful tool for ensuring the overall success of the project initiative. In addition, both success criteria and risk classes may be marked by a relevance level. The summary statement of risk/success criteria correlation would make it possible to detect the most suitable countermeasures to be implemented in order to contain the negative effects on success criteria values and, as a consequence, on project/product performances.