Category Archives: Risk Strategies

Six Strategies for Managing Risk

Managing risk requires active engagement with the potential event: you need to create a plan and execute it.  You must then review the outcomes and refine your plan if necessary. The rinse and repeat, as it says on my shampoo … Continue reading

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Posted in Brilliant Project Leader, PM Dangers, Project Failure, Risk Happens!, Risk Management, Risk Strategies | Tagged , , , | 1 Comment

Top Ten things to build into your Project Contingency Plan

A contingency plan is a valuable part of your risk management. Whilst it won’t stop risks happening, nor even make them more likely, it will give you a clear set of steps to follow if it does happen. This will … Continue reading

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Posted in Contingency Plan, Risk Happens!, Risk Management, Risk Strategies | Tagged , , , , , | Leave a comment

Five Ways to Remove Project Risk

The highest standard of risk management strategy is to remove the risk altogether. It is not always possible, but let’s survey five approaches that you can consider on aspects of your project. 1. Over-design A “gold-plated” specification that is over-specified … Continue reading

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Posted in Project Success, Risk Happens!, Risk Management, Risk Strategies | Tagged , , , , , , , , | 2 Comments

The Ten Strategic Risks that Cause Projects to Fail

Project failure seems to be almost endemic at the moment. There are frequent press reports of massively over-spent Government projects, and major commercial project delayed or cancelled. Anyone who works in a big organisation will have seen it up close, … Continue reading

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Posted in Identifying Risk, Project Success, Risk Happens!, Risk Management, Risk Strategies | Tagged , , , , , , | 1 Comment