Why You Need a Risk Management Action Plan A risk management action plan is an effective way for project managers to identify, analyze, plan, and control potential risks. By setting controls and guidelines a risk management plan reduces failure and negative impacts. Four downloads are available at the end of the article.
Risk Management Plan: Example The risk management example given in this article brings to light the need for managing risks and the ways one can manage risks in a project.
Developing a Risk Management Plan A Risk Management Plan should never be an isolated after-thought to the rest of your plan. It is an integral part of the project as a whole and needs to be developed to go along with every other piece. Here is the process you should follow for identifying and managing risks.
Risk Management Meltdowns: A Look at Some Real-World Examples Risk management should be a top priority when working on complex or untried projects. Why, you ask? Necessity is the mother of invention and in risk management, often inventions, ideas and projects go awry when the forethought and the what ifs aren’t asked, explored and properly managed.
Are You Guilty of Passing the Buck in Risk Management? Do you blame project failures on company initiatives that were in place before your time? Do you point the finger at external stakeholders for project dilemmas? If you’re constantly blaming someone else, are you really leading?
Oops! Did I Hit the Send Button on That Email? Loose lips might sink ships, and fumbling fingers could sink your career. Most people are careful to watch what they say out loud at work as they realize inappropriate conversations could damage their career prospects. However, what happens when you send an inappropriate email to the wrong person?
Guide to Risk Management Resources and Downloadable Templates Be sure and bookmark this handy guide to risk management. Whether you need help with risk analysis, other components of the risk management cycle, or you just want to download a template instead of creating one, you'll find this collection provides you with lots of tips, techniques and tools.
Can You Ace Our Quiz on Project Risk Management? Effective risk management enables project managers to plan ahead to prevent project failure. Successful project managers predict the level of risk associated with probable events, both positive and negative, to adequately prepare. Test your knowledge on this topic now!