In this webcast, Cornelius Fichtner and Dr. David Hillson look at project risk management for business leaders and project leaders through the metaphor of a risk hurricane. Risk management has …
Risk Management
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How managing strategic risks can help create a winning business strategy
Want to know how to create a winning business strategy? To define a winning business strategy, companies should always take into consideration all types of risks that may occur at …
Agile methodology: Why faster doesn’t mean better
Learn about how and when to use Agile methodology. Over countless years and projects, Project Managers (PMs) have been working to define a better, faster, and easier way to deal …
How executive management support protects your project against uncertainty
Find out how executive management support protects your project against uncertainty. I’ll start by sharing my experience about a time when I went camping with my friend who is an …
Using risk-based thinking to reduce deviation from planned results
Looking for ways to reduce deviations? The answer can be found in risk-based thinking. Risk management is a key knowledge area that supports project managers in achieving project success. The …
Situational awareness is key to managing risk?
Situational awareness for managing risk is essential. Risk management is a state of mind with forethought, like safety and quality. It cannot be boiled down into tools and techniques. Tools …
The pendulum effect: How time and memory impact the application of risk management
Pendulum risk management. Humans have certain tendencies when it comes to remembering details of events when time has had a chance to distort the memory of those events. Some call …
Managing uncertainty vs. the cost of change?
In my lectures, when it comes to the topic of managing risks, I start with a figure just to illustrate the importance of managing risks. This figure shows that the …
6 Reasons why projects should be flagged as yellow at project kickoff
Many projects are already late or at high risk of being behind on the day they start. That is why project managers should recognize that their projects are at least …
Are you utilizing your risk owners to their full potential?
As most buildings have fire marshals to usher people out in case of an emergency, a good risk register has a place for risk owners. But are we using these …