The first step in a good risk management plan is the identification of risks. The other phases of project risk management are built on this foundation. It involves developing a list of the potential risks to a project, which is called a Risk Register. A good risk register might have the following six columns: Name/Description of risk … [Read more...]
Could your projects use additional risk management? Experts agree that it is one of the most underutilized areas of project management. As engineers, when we're managing a project in our area of expertise we like to think we know the primary risks and we have them under control. But a small amount of risk management planning at the outset of every project will reap … [Read more...]
