Today we’re facing some hard truths. Poor risk management has the ability to severely impact your business. Whether that’s through a delay to project benefits impacting your revenue and profit streams, or one of the other effects that we describe below, poor risk management is
There are lots of benefits of managing risk, many of which are discussed elsewhere on this site. But ‘risk management’ can be an abstract unless you work with your teams to implement the changes required to deliver on those benefits. When you are setting up new risk management processes, it’s important to get the right
When you look at companies who are doing risk management well, what do you see? Embedded processes, dedicated and trained staff? Senior management buy in, and PMO support?
Thanks for attending our webinar Improving Project Communication Through Risk Management. Below are the links to the webinar’s presentation slides, video and the Risk Management Maturity Questionnaire
Risk management is a core leadership approach that ensures any potential threats to success are identified and dealt with before they derail your project. For a project manager, risk management is a key process for project control. Armed with a risk log and a switched on team, the
Risk management tools, processes, and information are often required for projects. Often, when it is done, risk management practices and process capture risks from within a project and entering them into a risk register. This is fine once the decision is made to proceed with a project. However, what is often missed is the opportunity
Risk management is often required for projects, especially those that are large, high value or high risk. The more important a project/program is, the greater the likelihood that risk management will be carried out. However,
The world is increasingly complex. Whether you are working on transformative change programs or investment projects, you are likely to be facing ever-increasing complexities within the work, the environment and the team. Uncertainty is everywhere, and at the heart of many
Sensitivity Analysis is a very useful tool albeit, with some shortcomings. Here we explore Sensitivity Analysis and how Risk Path Analysis can overcome some of these shortcomings. Sensitivity Analysis shows us which tasks are creating uncertainty in a selected outcome
Thanks for attending our webinar Improving the Effectiveness and Maturity of Risk Management Process. Below are the links to the webinar’s presentation slides and the Risk Management Maturity Model.