
354 ◾ The 12 Pillars of Project Excellence
8.1 Introduction
8.1.1 Risk Management
Risk management is a misleading term. It indicates trying to gain control over the
risks, which we all know is impossible to achieve. The only way to address risk
is not by managing it but by preparing in advance for the events, that is, pro-
actively assessing, addressing, and eliminating major risks. The c ...