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Risk Diagram (Process Decision Program Chart)

Risk Diagram (Process Decision Program Chart)

Process Decision Program Chart (PDPC) is a commonly used technique that was designed in order to help prepare the contingency plans. The emphasis of the PDPC is identifying the consequential impact of failure on activity plans as well as creating the appropriate contingency plans in terms of limiting the risks. Planning to make the tree diagrams and/or the process diagrams can be extended by a couple of levels when the PDPC can be applied to the bottom level tasks on those diagrams.

Any contingency plan is a plan that is known to be devised for an outcome other than in the usual, an expected plan. Being often used for a risk management in case some exceptional risk would have some catastrophic consequences. The contingency plans can often be devised by different businesses or governments. Thus, in case there are many employees of a company that are traveling together on an aircraft and it crashes, it kills all aboard.

Same way, the company could be ruined or severely strained by such a loss. But nowadays a lot of the companies have the procedures to follow in the event of such a disaster. The mentioned plan may include the standing policies to mitigate a disaster's potential impact, such as limiting the number of employees on any one aircraft or requiring the employees to travel separately from each other.

The contingency plans during times of crisis are often developed in order to explore as well as to prepare for any eventuality. Many governments during the Cold War made the previously described contingency plans for protecting themselves as well as their citizens from the nuclear attack. Today the contingency plans are still in place for dealing with any terrorist attacks or other catastrophes.

Risk Diagram (Process Decision Program Chart) *

Example 1. Sales Problem Solving

The Process Decision Program Chart (PDPC), that can be created both in ConceptDraw DIAGRAM and ConceptDraw MINDMAP application, from the bottom level of some activity box adds levels for identifying the consequences of some failure after it is clarified what exactly went go wrong as well as finding out the possible countermeasures (the so-called risk mitigation action plan).

Risk management is known to be the assessment, the prioritization and the identification of risks being defined in ISO 31000 as “the effect of uncertainty on objectives”. Any risk management activity is known to be followed by both economical and coordinated application of different resources to monitor, to control as well as to minimize the probability or the impact of some unfortunate events. It can be also done for a reason of maximizing the realization of different opportunities.

Any risk management’s objective is known to be the process of assuring some uncertainty that does not deflect any endeavor from the business goals. Different risks can come from different sources. The uncertainty in financial markets same as the threats from the project failures are all risks, same as the legal liabilities, the accidents, the natural disasters, the events of some uncertain or some unpredictable root-cause, same as the credit risks.

Some of the risk management standards have been criticized for having no measurable improvement on a risk. At the same time, the confidence in decisions and estimates seems to increase. Making the mindmaps with the help of either ConceptDraw DIAGRAM or ConceptDraw MINDMAP software is a way of representing the situation some company is in as well as a way of helping the things go the way they are expected to by the employees who work in this organization, taking into consideration the risks as well as the main objective of the projects or company’s existence.

Any mind map is simply a diagram that is usually used for visual organization some information. A mind map is always hierarchical, showing the relationships among many different pieces of the whole. Being created around a single concept and drawn as a usually large image in the center of some blank page, a mindmap is a commonly used as well as a very popular drawing to make by using the ConceptDraw MINDMAP application — one of the numerous drawing applications for creating the needed schemes.

Any associated representations of the key ideas such as images, parts of the words as well as the whole words can be added to any needed mindmap to be made. The main ideas are known to be connected directly to the central concept, and other ones are known to be branched out from those which are decided to be the key ones. Any mind map can be also drawn by hand being considered to be a type of a spider diagram, but making such drawing by using the professionally developed application such as a ConceptDraw MINDMAP is much simpler making it possible to finish with the needed drawing within only a few minutes.

Mentioning the steps of any problem-solving in a way of a chart or a mind map is the best way to do rather than writing about the solutions even though some tables are used. Any representation of any information in a way of an illustration, such as a chart, a scheme, a mindmap or a diagram, is what can be understood the best as it was proven for many times that having the data to be explained it was always better to make it all clarified by putting its parts in order with some flowchart drawn.






TEN RELATED HOW TO's:

Basic Flowchart Symbols and Meaning →

While creating flowcharts and process flow diagrams, you should use special objects to define different statements, so anyone aware of flowcharts can get your scheme right. There is a short and an extended list of basic flowchart symbols and their meaning. Basic flowchart symbols include terminator objects, rectangles for describing steps of a process, diamonds representing appearing conditions and questions and parallelograms to show incoming data. This diagram gives a general review of the standard symbols that are used when creating flowcharts and process flow diagrams. The practice of using a set of standard flowchart symbols was admitted in order to make flowcharts and other process flow diagrams created by any person properly understandable by other people. The flowchart symbols depict different kinds of actions and phases in a process. The sequence of the actions, and the relationships between them are shown by special lines and arrows. There are a large number of flowchart symbols. Which of them can be used in the particular diagram depends on its type. For instance, some symbols used in data flow diagrams usually are not used in the process flowcharts. Business process system use exactly these flowchart symbols.Basic Flowchart Symbols and Meaning
Picture: Basic Flowchart Symbols and Meaning
Related Solution:

Chemical Engineering →

ConceptDraw DIAGRAM is a powerful diagramming and vector drawing software. Extended with Chemical and Process Engineering Solution from the Industrial Engineering Area of ConceptDraw Solution Park, it became the best Chemical Engineering software.Chemical Engineering *
Picture: Chemical Engineering
Related Solution:

How Do You Make An Accounting Process Flowchart? →

To describe the accounting processing use ConceptDraw Flowchart set of symbold created for Accounting data processing. Tips, Methods and Symbols on How to Create Flowcharts for an Accounting Information System.How Do You Make An Accounting Process Flowchart? *
Picture: How Do You Make An Accounting Process Flowchart?
Related Solution:

Root Cause Tree Diagram →

Analyze the root causes of factors that influence the problem. A diagram is constructed separately for each high priority factor. Identify the root causes for a factor and then list possible corrective action. The diagram displays the structure of causes for a factor and possible corrective actions. The Root Cause Tree Diagram is used for further formulation of actions.Root Cause Tree Diagram *
Picture: Root Cause Tree Diagram
Related Solution:

Org Chart Diagram →

ConceptDraw Solution Park creates a single information space for messaging to teams. PM Teams provides project participants and organizations with better tools that assist in task understanding, timeframe understanding, and project events in the entire organization. Improved communication fosters positive team spirit throughout.Org Chart Diagram *
Picture: Org Chart Diagram
Related Solution:

Venn Diagram Examples for Problem Solving →

In the Venn Diagrams solution, there are the pre-made examples that can be always used for making the unique, great looking diagrams, such as the 2-set Venn ones of any needed colour, the 3-set one, the 4-set ones and the 5-set ones. Having the already previously created samples of the Venn diagrams can help any ConceptDraw DIAGRAM user make it possible to make the needed drawing within only a few minutes by editing the existing ones.Venn Diagram Examples for Problem Solving — BQP Complexity
Picture: Venn Diagram Examples for Problem Solving
Related Solution:
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