Making risk management real
What is this about and why is it important?
Risk management is a central pillar of project management. If there was no risk the life of project managers would be considerably simpler. It would also be a much less skilled job. The inexperienced often see project management as a process of developing a plan and following it. In truth, whilst planning is essential, it is not sufficient to guarantee a smooth project. Risk is inherent in the world. The unexpected will occur and we cannot plan risk away. But we can prepare for risk, and the process by which this is done is risk management.
Risk management is sometimes portrayed as a minor part of project management. It is pursued in a passive ‘tick box’ style of mentality. ...