System and method for limiting project management risk

Abstract

A system and method assigns documents to a list of documents for a project team to complete based on the level of each of various risks the project is identified to have, and whether the benefits of risk containment afforded by each document outweighs the cost of completion of the document when the risk or risks addressed by the document are at the level identified for the project.

What is claimed is: 
     
         1 . A system for configuring a meeting server to set up a meeting, comprising:
 at least one processor; and   at least one memory storing instructions that when executed cause the system to perform
 receiving a plurality of risk categories for a project, a plurality of risks for each of the plurality of risk categories, and a plurality of scenarios for each of the plurality of risks, each scenario of the plurality of scenarios corresponding to one of a plurality of levels of the risk, 
 providing a list of assigned documents for the project and a risk score for the project, the providing including, for each risk of the plurality of risks,
 receiving at least one document configured to contain the risk of the plurality of risks at a highest of the plurality of levels of risk, 
 receiving an indication of whether filling out the at least one document outweighs a cost of filling out the at least one document for each level of risk other than the highest of the plurality of levels of risk, 
 receiving an identification of a scenario of the plurality of scenarios that most closely corresponds to the project for the risk, 
 adding, to the list of assigned documents, the at least one document if the identified scenario is the highest of the plurality of levels of the risk, 
 adding, to the list of assigned documents, the at least one document if the at least one document outweighs the cost of filling out the at least one document if the scenario is a level of risk other than the highest of the plurality of levels of risk, and 
 adding a score for the identified scenario to the risk score for the project, and 
 
 arranging a meeting in response to the risk score exceeding a risk score threshold. 
   
     
     
         2 . The system of  claim 1 , wherein the system is further caused to perform
 receiving, from a user, a list of documents including documents of the assigned documents that should not be completed.   
     
     
         3 . The system of  claim 1 , wherein the system is further caused to perform
 receiving, from a user, at least one additional document to be added to the list of assigned documents.   
     
     
         4 . The system of  claim 1 , wherein the plurality of levels of the risk include a high risk level, a medium risk level, a low risk level, and a not applicable (N/A) risk level, the high risk level being the highest of the plurality of levels of risk. 
     
     
         5 . The system of  claim 4 , wherein the high risk level has a first risk score, the medium risk level has a second risk score, the low risk level has a third risk score, and the N/A risk level has a fourth risk score. 
     
     
         6 . The system of  claim 1 , wherein the system is further caused to perform
 receiving one or more baseline documents, the one or more baseline documents being documents that are generic to the project; and   adding the one or more baseline documents to the list of the assigned documents.   
     
     
         7 . The system of  claim 1 , wherein the project includes one or more life cycles. 
     
     
         8 . The system of  claim 7 , wherein the system is further caused to perform
 providing an updated list of assigned documents for the project and an updated risk score for the project in response to a change a current life cycle of the project.   
     
     
         9 . The system of  claim 8 , wherein the providing the updated list of assigned documents for the project and the updated risk score for the project includes, for each risk of the plurality of risks,
 receiving at least one updated document configured to contain the risk of the plurality of risks at a highest of the plurality of levels of risk,   receiving an indication of whether filling out the at least one updated document outweighs a cost of filling out the at least one updated document for each level of risk other than the highest of the plurality of levels of risk,   receiving an identification of a scenario of the plurality of scenarios that most closely corresponds to the project for the risk,   adding, to the updated list of assigned documents, the at least one updated document if the identified scenario is the highest of the plurality of levels of the risk,   adding, to the updated list of assigned documents, the at least one updated document if the at least one updated document outweighs the cost of filling out the at least one updated document if the scenario is a level of risk other than the highest of the plurality of levels of risk, and   adding an updated score for the identified scenario to the updated risk score for the project.