risk management

Risk Identification and its Importance

Tags: risk managementPosted: 01/31/2017

Risk identification is an integral part of the risk management process in project management.  According to the Project Management Body of Knowledge (PMBOK): “Identifying risks is the process of determining which risks may affect the project and documenting their characteristics. The key benefit…

Operationalizing Risk Management: Driving Action Through Alignment

Tags: risk managementPosted: 12/01/2014

“We know there are risks, and we are prepared to accept them.” What’s wrong with this statement? Several of us would say nothing is wrong with it. Here is an organization official making a decision, appearing to have given thoughtful consideration to the risks associated with an intended project,…