Project Risk Management

Include Environmental Sustainability in Your Project Risk Management

Include Environmental Sustainability in Your Project Risk Management

Ignoring the environment is perilous to the sustainment of any project or organization! You need to keep the effect on the environment front and center! Issues such as commuting, parking, building, noise, light, energy usage, and waste management all are part of the environment effects to be considered. If any one of these is not managed within acceptable limits, the environmental sustainability of the project and even of the organization will be at risk.
Consider Social Sustainability in Your Project Risk Management

Consider Social Sustainability in Your Project Risk Management

Sustainability of an organization increasingly is dependent on managing social risks - that is in managing the organization’s relationship with its immediate and extended community. Some factors to consider include attitude toward existing companies, employee relations, potential financial impact to the larger community, and possible supporting infrastructure required. It is important to recognize the external social factors at play – and to recognize what your organization, with limited control over these factors, can do to manage the risks that these factors pose.
Ensure Financial Sustainability As Part of Your Project Risk Management

Ensure Financial Sustainability As Part of Your Project Risk Management

Sustainability, which is more often associated with environmental or other larger societal concerns, is often not associated with financial considerations, which is a complete show-stopper risk. Public pressure tends to be in external-facing areas such as environmental, community planning, regional economic impact, and impact to local services. In fact, sometimes these considerations even come at odds with internal financial viability and sustainability, which need to be in place to accomplish any of these other external-facing objectives.
Support Operational Sustainability in Your Project Risk Management?

Support Operational Sustainability in Your Project Risk Management?

Project risks can affect operational sustainability in a business, yet sometimes these risks are not managed appropriately, if at all. Identifying these operational sustainability risks can take some work, but it can be very worthwhile. Supplier disruption, relationship conflicts, operational strategy misalignment, and talent management miscues are just a few of the missteps that can hurt operational sustainability. This is the first part of a series of four articles on sustainability.