Why Project Risk Management?

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Project Manager, Zimbabwe

Why Project Risk Management?

How do risk management processes contribute to project success? I am studying project management and would like to find out how risk management processes contribute to project success. Thanks for your ideas.

  Jaap de Jonge
Editor, Netherlands

Reasons for Project Risk Management

A good starting point is to realize that any project is inherently risky, because of certain characteristics any project has. It's in the nature of a project to be risky. Good question anyway.

  Leonardo Santos Magalhaes

Reasons for Project Risk Management

Projects must produce a unique result that has never been produced in such way, so indeed the project is a risk itself.
Some projects have risk management as the core management system. Because of its nature of complexity and uncertainty, the main tasks are then those planned to reduce risks.

  Gary Bacchus
Management Consultant, United Kingdom

Is Risk Management Enough?

Risk appreciation comes first with identification. But many times I see risk registers and logs without real time mitigation. The PMO needs to be at the forefront of strategy, planning, engagement, with strong inter-connectivity with PMs.
But what happens when a change is truly transformational?
We're seeing now less and less certainty and more emerging change and complexity. Managing risk becomes managing uncertainty. It means less of project management and more change management principles to manage the future stakeholder expectation.


Mitigates Adverse Impacts

The purpose of Risk Management is to identify pote (...)

  Jose Daniel Esterkin
CEO, Argentina

Importance of Risk Management in your Project

Identifying opportunities and threats let us ident (...)

  Jose Daniel Esterkin
CEO, Argentina

Avoiding Risk Blindness in Project Management

Risk blindness is the condition by which a project (...)

  Jaap de Jonge
Editor, Netherlands

More Information

For more information, take a look at our new NCTP (...)

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