You have probably heard several times that you should be risk aware, but you may not have thought much about it. Risk awareness is a somewhat abstract term, but something that is essential in our daily lives, in business and in projects, so that we do not face problems or misfortunes. This article will show […]
Tag Archives: Emergent Risk
What Does Resilience Have to Do With Risk Management in Projects?
The term resilience is not used that often. New in the PMBOK© Guide 6th Edition it is represented in the chapter Risk Management as “Project Resilience”. Many of you will not know exactly what the PMBOK© Guide means. In this article I will show you what resilience means and specifically what it means for projects […]
How to Successfully Manage Reducible and Irreducible Risk
Do you know the difference between event and non-event risks? The PMBOK© 6th Edition now takes a major step forward in its treatment of risk. It does not only address a wider range of Uncertainty than the simple event, but also acknowledging the necessity to integrate project risk management with enterprise-wide risk management. This article […]