How Many Risk Categories Do You Use? Risk identification on projects can be a bit of a struggle. We use project risk logs from past projects to identify common problems that might affect a new project. We’ve found it really helpful to have a checklist of potential risk areas to help with brainstorming. If you […]
Risk Categories: A Checklist for Project Teams Read More »
Risk Management in Project Scheduling Projects are inherently risky: you’re doing something new, you’re working on something unique. Even if you’re in a role where you basically the same project for different customers, there is always something slightly different about it because of the stakeholders involved or the location. And that’s why risk management is
The Role of Risk Management in Project Scheduling Read More »
Risk management is at the heart of successful project delivery, helping teams anticipate and navigate potential challenges before they become major issues. On our blog, we’ve covered a wide range of topics in our risk management articles. In this collection, we’ve gathered the most popular risk management articles, offering insights into best practices, common pitfalls,
Top 10 Risk Management Articles: Your shortcut to managing risk Read More »
With each project comes risk and that’s where a risk management process comes in. Managing risk is something that all project managers are responsible for, both in terms of risk assessment and mitigation strategy. Risk assessment involves both identifying, analyzing and evaluation of the risk and its potential impact. A risk mitigation plan is used
The Risk Management Process Explained Read More »
Unusual Ways to Categorize Risk The risk identification stage of any project is a great opportunity to brainstorm and review all the things that may present problems later on. However, what you end up with afterwards is a giant list of risks. It’s even worse when you combine risks at program or portfolio level and
3 Unusual Ways to Categorize Risk Read More »
Do you make these common mistakes with your Risk Management Processes? Learning to manage risk effectively is a process in itself. PMO leaders and those charged with setting up strategies to tackle organizational and project risk have to review, reflect and improve as they go. That’s the only way to develop an appropriate level of
3 Common Mistakes Businesses Make with Risk Management Processes Read More »
Your projects have risk management plans and you may even be running simulations on particular risks identified by the project team. But do project managers in the organization routinely include implicit risk in their plans? Explicit risks are the obvious ones: the risk events that might happen and have the potential to cause problems for
Are You Managing Implicit Risk Effectively? Read More »
Major Sources of Risk in a Project I headed out without an umbrella yesterday – and given the look of the sky, that was quite the risk. It paid off as I made it back home before the storm started. Risk is everywhere, and your business is full of it. Projects are a specific risk
4 Major Sources of Risk in a Project Read More »
Do you know how they are different? Here’s our complete guide to understanding how these concepts work and how they impact the projects your teams are leading. What is a risk event? A risk event is a specific event or happening that could negatively or positively affect a project’s chance of meeting its intended goals.
Risk Events and Project Risk: Know the Differences Read More »
What makes enterprise risk management (ERM) different from project or team-based approaches to risk management? While many of the principles are the same, there are some core differences that you should consider as you introduce risk management on an enterprise-wide basis. In this article, we’ll look at the ways that ERM builds on and differs
How to ‘Enterprise’ Your Risk Management (ERM) Read More »
