Category Archives: risk management

risk happens

Risk Happens – Managing Risk & Avoiding Failure in Business Projects

In this book author Mike Clayton brings together I believe many of the ideas and practices that will help you and your company identify and manage risks in projects. What makes it so different from other books on this topic is that Mike uses very practical rather than academic approaches to project risks. Practical approaches – there are well over … Read More >

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Did you carry out your risk assessment Ron?

OK, I got it wrong!! I admit it to you and I admitted it to the group. It just shows you that you have to be alert during projects 100% of the time. If not the impact….?? Let me set the scene. • A full project management training course • Lots of activities • Lots of flipcharts • A really … Read More >

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This weeks BIG question

When was the last time the risk log was updated? I asked this on a recent project management course. The project manager  looked very sheepish. Yes, there was a risk log; yes there were activities to reduce the risks and yes they allocated responsibility to individuals to mitigate the risks. But, and what a but, the risk log was 5 … Read More >

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change

The project crept forward, very slowly – because of the changes!

After one week: • several small additions to the project • no reduction in tasks! After two weeks: • several more small changes are added and one possible major change – waiting for senior managers to make a decision! • no reductions in tasks! After 4 weeks: • major addition – still no decision from senior, though work started work … Read More >

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Where’s my whistle?

I was talking to my good friend Mike Clayton today talking about holidays and suddenly said; “hold it, where’s my whistle?” Of course, Mike could not answer, it was my whistle? Why do I need a whistle? Mike and I were talking about management of risks and I suddenly realised that my risk analysis for our forthcoming holiday was suspect! … Read More >

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Two project teams for the same “project!”

An article in The Times (March 1, 2010) caught my eye: “Companies issuing shares to make an acquisition, should hire a second team of investment bankers to make the case against doing the deal, according to Warren Buffett” This got me thinking. Imagine a team set up to argue against a project as well as team to argue for developing … Read More >

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