Project Risk Management
At Leadership Thoughts we think project management is an essential skill for leaders.
In this brief article we summarise the first key project management skill, project risk management, and provide some useful links to more detailed articles on project risk management. You may also download our FREE ebook on project risk management.
Project Risk Management
The project risk management series includes posts on the following topics plus a few tools for managing project risks, opportunities, and issues.
1. Project Opportunity
Project opportunity is the other side of the risk coin. When addressing project risk you may find there’s opportunity to do something unexpected and advantageous.
2. How to Manage Project Issues
Issue management is the process of identifying and resolving project issues and is designed to minimise the negative effects of issues on project performance.
3. How to Prepare a Risk Log
Once project risks are identified, assessed, and countermeasures and contingencies established they should be documented in the project risk log.
4. Contingency Planning and Risk
Contingency planning and risk go hand-in-hand. In this project management article we define countermeasures and contingencies and introduce a simple tool to assess business risk.
Key Project Management Skills – Risk Management
5. How to use a Risk Matrix
In this short project management article we learn how to use the risk matrix to determine the likelihood and impact of risks on your project.
6. Managing Project Risk
This article shows you how to manage project risk in 4 simple steps: identify, assess, address and review. Follow this approach and make risk management part of your weekly routine.
7. The Risk Wheel
The risk wheel is a simple tool for assessing project risk. It will help you to think through the types of risks affecting your project.
8. Conditions and Risks
In this guest post, Dave Gordon takes a look at project risk, and encourages us to consider operating conditions when assessing project risk.
9. Taking Risks
Taking risks is what propels us forward in life and in business. Yet we often choose to play safe. Learn why you need to start taking risks.
10. Avoiding Risk
Finally, we take a slightly tongue-in-cheek look at risk and learn why the project leader must take responsibility for managing project risk.
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Creative Commons image courtesy Graeme Maclean.
