Project Techniques and Risk Management
2010
Project Techniques and Risk Management
A practical and effective approach
Eng. Hayder Issa
Engineering Contracts Management Engineering Arbitration Rule in Solving Disputes Post Graduate Certificate in Project Management - UK
Project Techniques and Risk Management
A practical and effective approach
Managing business risk means managing the protection of your employees, customers, property, information and the environment. Risk management is attempting to identify and then manage threats that could severely impact or bring down the organization. Risk management is all about keeping your risk under control. The more controlled your risk is, the more flexible you can be when you need to be. Traditionally, risk management was thought of as mostly a matter of getting the right insurance. However, this impression of risk management has changed dramatically. With the recent increase in rules and regulations, employee-related lawsuits and reliance on key resources, risk management is becoming a management practice that is every bit as important as financial or facilities management. In Projects, risk management is the art and science of identifying, analyzing, and responding to risk throughout the life of a project and in the best interests of meeting project objectives. The project risk management process should not have to be complicated or time consuming to be effective. As a result of following a simple and proven approach that implicates seven steps taken at the beginning of each project, the project team can prepare itself for whatever may occur. Notwithstanding, there will always be changes and there may still be surprises, but the end result is that they are fewer. The first step of the project risk management process is to have each person involved in the planning process individually list at least ten potential risk items, step two, it is required to collect the lists of project risks and compile them into a single list. Coming
Project Techniques and Risk Management
A practical and effective approach
Eng. Hayder Issa
Engineering Contracts Management Engineering Arbitration Rule in Solving Disputes Post Graduate Certificate in Project Management - UK
Project Techniques and Risk Management
A practical and effective approach
Managing business risk means managing the protection of your employees, customers, property, information and the environment. Risk management is attempting to identify and then manage threats that could severely impact or bring down the organization. Risk management is all about keeping your risk under control. The more controlled your risk is, the more flexible you can be when you need to be. Traditionally, risk management was thought of as mostly a matter of getting the right insurance. However, this impression of risk management has changed dramatically. With the recent increase in rules and regulations, employee-related lawsuits and reliance on key resources, risk management is becoming a management practice that is every bit as important as financial or facilities management. In Projects, risk management is the art and science of identifying, analyzing, and responding to risk throughout the life of a project and in the best interests of meeting project objectives. The project risk management process should not have to be complicated or time consuming to be effective. As a result of following a simple and proven approach that implicates seven steps taken at the beginning of each project, the project team can prepare itself for whatever may occur. Notwithstanding, there will always be changes and there may still be surprises, but the end result is that they are fewer. The first step of the project risk management process is to have each person involved in the planning process individually list at least ten potential risk items, step two, it is required to collect the lists of project risks and compile them into a single list. Coming