Category Archives for Risk Management

Risk and Reward Analysis

A risk-reward analysis is a very simple tool which can help you assess the risk and reward profile of completely different options. It works in the same way as a risk-return analysis which you may already be familiar with. It can be applied at any level, for example: by a CEO for comparing different strategic […]

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Scenario Planning and Program Management

In its most broad sense scenario planning is a strategic planning tool that can help organizations make adaptive long term plans. This is done based on consideration of the major changes and trends taking place in the world, such as PESTLE trends – political, economic, social, technical, legal, and economic. Predicting the future is difficult, […]

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Planning and Risk

How to embed risk thinking into your planning to maximize the chances of project success.

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Project Risk Management

Managing project risk is a best practice for successful project management. This article relates solely to project risk, and not to other forms of risk such as financialĀ or medical risk etc. For the purposes of risk assessment we define a risk as the likelihood of a specific event happening which will have a negative impact […]

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