Because you can't see its results in a direct way, project risk analysis is too often sacrificed by project managers in the name of time or budget constraints. Compounding the problem is that small projects just don't seem to have the time and budget to justify the time spent on risk management. But I would argue that if risk management is a priority on … [Read more...]
In some industries, risk analysis as a subset of project management is virtually non-existent. Project management is usually focused on cost and schedule, and delivering projects "on time, on budget" sometimes feels like the only criteria. But as a project manager, there's nothing that makes you sleep at night better than knowing you've got the risks to your … [Read more...]
Risk analysis is an often omitted area of project management, probably because you can't see its results in a direct way. On top of that, small projects just don't seem like they have the time and budget to justify the time spent. But I would argue that analyzing risk is one of the easiest ways to prevent major headaches later on, and it pays for itself in costs that … [Read more...]
