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 […]
Tag Archives: Contingency Plan
Successful Response Planning in Risk Management
You are not defenselessly exposed to risks in your project! After you have identified and analyzed the risks in your project, you can start with the next step—with response planning. With appropriate actions you reduce or avoid risks or are ready when risks are about to occur. The planning of actions and their timely implementation […]
The Fallback Plan – When Actions for Risks Are Not Effective
In Risk Management, you define actions that prevent risks from occurring, or you use the actions to reduce the impact if the risks occur. However, if the defined actions do not work, or work too little, then you are at the mercy of the impact of the risk. To prevent this from happening, it often […]