Category Archives for Risk Management

Contingency Planning

Contingency Planning arises from the fact that exposure to risk in business is unavoidable. In business, risk can be defined as a threat that might prevent the business or organization from hitting its objectives. The purpose of contingency planning is thus to create planned responses to events that might adversely impact an organization. What happens […]

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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 financial 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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Risk Management: Risk Identification

In previous posts I have shown the Risk Management Process and provided a Risk Checklist  to help you get the process of identifying risks started. Here are a few other methods you may find useful in helping you to identify project risk (all should be a team project involving the whole team): Brainstorming I’m sure […]

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A Risk Checklist

When performing the Risk Identification stage of the Risk Management Process, you will want to identify as many risks as possible. This project risk identification process typically takes inputs from the project or program steering group as well as all the different projects reporting to the program. If you’re at the start of your project or program, […]

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