4 Steps to Risk Analysis & Management

Introduction

How many of you grimace when you see the appointment in your diary for a risk analysis review meeting? Have we forgotten how useful this should really be? Are we also afraid to take risks? Without some risk, we cant push the boundaries out.

Why has this happened and more importantly, what can we do about it. Risk analysis should be equivalent to putting on a bullet proof jacket in combat – it is there for our protection and conducted properly adds real value to our projects. The reason why we should utilise it to remove or reduce the risks which threaten our project success.

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