The secret of risk-based decision-making The idea of ‘risk-based decision-making’ is becoming increasingly popular, and decision-makers at all levels are keen to ensure that their decisions take risk properly into account. But perhaps the term ‘risk-based decision-making’ is mistaken. December 7, 2020 Risk
Providing risk infrastructure to support opportunity management Failure to provide an appropriate level of risk infrastructure can cripple risk management in an organisation. Too little support makes it difficult to implement the risk process efficiently, while too much infrastructure adds to the cost overhead. September 12, 2019 Risk
Assurance for high risk projects Why do so many governing bodies allow their organisations to embark on high risk projects without insisting on a robust, independent assurance function? Pat Weaver addresses what assurance should do. August 17, 2016 Risk
Can you use standard deviation in project management? Standard deviation is an abstract concept derived from observation rather than calculation or experimentation. Can project managers use it to support unique projects? asks Pat Weaver. July 19, 2016 Advanced Risk
4 strategies to manage project ‘unknowns’ There are always some potentially damaging project risks that are currently unknown to us and therefore impossible to add to the Risk Register. Michael Baron gives us four strategies to deal with them. May 23, 2016 Risk
Practical ethics for problem projects Practical ethics suggests that to counteract the forces for poor ethical standards there needs to be a stronger force for high ethical standards. Pat Weaver fights a slow-burning issue in the building industry. March 23, 2016 Advanced Risk
Can a risk have 100% probability? Most people’s first reaction to the idea that a risk can have 100% probability is to disagree. After all ‘uncertainty’ is a key part of the definition of risk, and 100% probability means ‘certain’. Risk Doctor David Hillson argues otherwise. March 10, 2016 Risk
6 tips to improve incident management We do our best to prevent incidents from occurring, but that can’t be our only preparation. Hannah Dickins suggests six ways to improve your incident management process. February 10, 2016 Risk
Checking the risk process The term ‘box-ticking’ is always used in this negative way, as a bad thing to be avoided. But perhaps ticking boxes could be useful if we do it differently for risk, suggests Risk Doctor David Hillson. December 16, 2015 Risk
