Project Management for Trainers: Stop "Winging It" and Get Control of Your Training Projects

Documenting Risks

Risk is simply the likelihood that your project will fail in some way. It could fail to meet the learning needs of the customers, be late, or end up over budget. The higher the risk, the more likely that one of those problems will happen. Consequently, the higher the risk, the more time the project manager must spend on project management activities such as status meetings, troubleshooting the schedule or budget, evaluating quality, and other activities necessary to plan, organize, and control the learning event development project. In other words, the more risk, the more time that must be spent on project management.

Risk is inevitable, but analyzing and managing risk up front allows a project manager to do the following: ...