Project documentation management is often underdeveloped, particularly when it comes to recording decisions, agreements, and “relevant facts.” Too often, things are agreed upon verbally, with trust in the other party or an assumption that everything will work out fine. But there are risks lurking here, ones you may not have fully considered in the past. […]
Tag Archives: Assumtion
Expect the Unexpected – How the SNB Surprised Everyone
Risk management is about looking for uncertainties that could jeopardize company goals, project goals or your personal goals. However, you are often surprised by events that you did not expect at all, but were not unlikely to occur. When such events occur, however, they often hit like a bombshell. The Swiss National Bank (SNB) produced […]
Assumptions in Projects Are Often Neglected Risks
There are many types of risks that threaten your project. These depend on the type of project or the industry sector in which it is carried out. One particular type of risk that is often ignored, however, are the assumptions that are made in most projects. “We assume this will be the case or this […]