Risk management is a method of controlling the uncertainties in a project, that is, anything that may stop the project from achieving its goals. The aim of risk management is to minimize uncertainties ...

Because risk is a part of any project, an important role of the project manager is to identify and control it. Without any control, risks can become disasters, causing delay, unnecessary expenses and ...

Risk is something we all encounter in our lives. Virtually every serious decision we make is based on a consideration of the risks involved in taking one course of action over another. Some people are ...

Your project is on schedule, until legal reviews take way longer than anticipated. You find out—too late—this exact situation happened with another a project a few years ago. Sound familiar?

A significant part of successfully navigating projects is how effectively you manage risk, but how much of the risk should fall on the shoulders of the project manager, and what can you do to ...

A case study-based exploration of the body of project management knowledge. Key topics include project scheduling, risk management, project leadership, small-group dynamics, project methodologies, ...

You could probably fill a library (or data centre) with all the books available out there on project risk management. Much of that intellectual capital focuses on how to assess and value the potential ...

Because even the best planned projects deal with uncertainty, managing risk is a key component of successful project design. Starting with a brief review of project risk management concepts and ...