Taking risks is the secret sauce that turns a sleepy little business into a roaring, fire-breathing success story. There are virtually no exceptions to this rule: Without risk, there is no reward. Even though it may feel like you are David walking down the hill to face Goliath without any armor, there are time-tested principles… [Read More]
Parts of a Risk Management Plan
Projects are magnets for surprises—think missed deadlines, budget slips, or that vendor who ghosts you midstream. A Risk Management Plan is the part of the Project Management Plan that plans, identifies, and analyzes project risks. It provides the project management team with a defined plan to identify and manage the risks that can arise and negatively… [Read More]