Risk management approaches and techniques empower project managers to prevent project failure by identifying, prioritizing, mitigating and managing preventable risks in a systematic fashion. The various components of risk management, used effectively, provide the project manager with a roadmap to assess the risk factors, to make informed decisions on how to mitigate them, and allocate his or her resources.
Use this guide to help you as you navigate through managing risk across any project's life cycle. We've covered important topics such as:
- Project risks and opportunities
- Different approaches and methodologies
- Tutorials and templates
- Technique overviews and explanations
- Real-world examples
- Sample documentation and forms
As you work your work through this material, you'll learn that all risk is not negative; positive risk is just as important to consider and respond to as negative risk. Risk is affected by anything or anyone who interacts with the overall project; so you'll find out how to handle these peripheral issues as well. Finally, we'll give you some options to help you decide how to best address the risk factors in your situation. Bookmark this page, because you will find yourself returning to it often to help you bring your projects to successful completion time after time.