A risk manager manages risk, of course. But this is both wrong and unhelpful. Everyone should take responsibility for managing their own risks. But does this mean we should kill the risk manager? asks Risk Doctor David Hillson.
The challenges of long, complex IT projects are well known yet the concept of risk management is only gradually seeping into organisations’ approach to IT projects. Leanne Ramsay on some of the risk issues in IT projects.
As a project manager, you certainly appreciate the importance of assessing risk carefully. Here’s how a legal professional can help you manage the top 5 riskiest aspects of project management, writes Rolf Howard.
Your Risk Register lists all the risks you’ve identified but Risk Doctor David Hillson believes you need a different concept to describe the overall risk exposure of a project, which is different from the individual risks that need to be managed.
Monte Carlo simulation is the most common way to analyse risk using numbers. But many people view quantitative risk analysis as too difficult. Risk Doctor David Hillson offers seven steps to help you gain valuable insights from this powerful technique.
One of the key components of risk management and stakeholder management is the routine reassessment of the stakeholder community and the risk climate. Pat Weaver looks at risk sentinels and how they could save your project.
Risk is a double-sided concept, Risk Doctor David Hillson reminds us. We use the word ‘opportunity’ to describe an upside risk with positive impacts, and ‘threat’ for downside risks with negative consequences.
Sustainability has become increasingly important to organisations as both a business objective and a necessary constraint. How should it be included in the risk process? asks Risk Doctor David Hillson.