How risky is your project? 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. March 10, 2015 Risk
7 steps to analysing risk via Monte Carlo 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. January 28, 2015 Risk
How to deal with risk sentinels 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. October 28, 2014 Risk
The double life of risk 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. October 27, 2014 Risk
Adding sustainability to the risk framework 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. September 29, 2014 Risk
Project risk management in a program or portfolio What happens when the standard risk matrix is interpreted differently by various project managers working across a program or portfolio of projects? asks Guy Wilmington. September 15, 2014 Risk
A question of risk One of the most common symbols used to represent risk is a question mark (‘?’), reflecting the uncertainty associated with all risks. David Hillson explains the link between risk and questions. September 9, 2014 Risk
3 must-dos when hiring project workers Engaging project workers can be a cost effective way to tap into on-demand expertise, but this form of engagement is not without its risks. Matthew Franceschini says these three best practices will help you achieve a transparent relationship, free of disputes. July 21, 2014 Risk
Is project management an exact science? Project management is about knowing the customer’s objectives, the right deliverables, assembling the right team. But, asks Brian Franklin, what happens when we do not get it exactly right? June 23, 2014 Blogs Risk