Project Planning: Mitigating Risks through Effective Planning
Every project manager has heard some version of the phrase “Plan the Work, and Work the Plan.” It sounds obvious enough to be a cliché,
09/08/2026
Every project manager has heard some version of the phrase “Plan the Work, and Work the Plan.” It sounds obvious enough to be a cliché,
Having worked with numerous risk management tools over the years, we have reached a simple conclusion: biggest is not always best. The most effective systems
Most projects clearly define their objectives, work scope, budget, and schedule but, all too often, the environment and context in which the project exists is
SMART risk response planning is an essential aspect of project risk management. Most of us will have come across the S.M.A.R.T. acronym at some point
Having worked in project management for over 30 years, we’ve encountered a fair amount of scepticism about the value of project risk management software. The
Delivering any project successfully is always a challenge but, in today’s competitive business environment, there’s growing demand for fast-track project delivery — delivering projects faster
Following on from an earlier post, where we looked at the difference between qualitative and quantitative risk analysis, this time we’ll look at a specific
The process of risk prioritisation is affected by several factors including; risk attitude, risk sensitivity, resource availability, risk severity, and risk manageability. Prioritisation by Attitude
What Is Expected Monetary Value? Expected Monetary Value (EMV) is often used in risk analysis to indicate the financial impact of a risk. But how
Two of the most commonly used tools in project schedule planning are the Project (or Program) Evaluation and Review Technique (PERT) and the Critical Path
When it comes to project risk management, it’s not only important to understand the definition of risk, but equally important to know how best to
Project risk management is a continuous, collaborative process that includes both quantitative and qualitative risk analysis techniques (see our post, Qualitative vs. Quantitative Risk
Previously, we outlined five useful tips and five essential tasks in project risk management. Here, we complete the theme by looking at what NOT to
What’s the Difference between Threat and Opportunity Risks? A few years ago, we encountered a presentation that argued the only difference between threat and opportunity
In our previous article on 5 Tips in Project Risk Management, we focused on five of the most important things to understand to make risk
Project risk management is often treated as the “Brussel sprout” of project management — the vegetable no one wants to eat, but without which the
In the first post on this subject, we looked at understanding, planning/foresight, and adaptability (see Part 1). Last week, we covered attention to detail, communication,
Last week we started looking at the top ten project manager traits, considering the first three: understanding, planning/foresight, and adaptability (see Part 1). This week,
For the next three posts, we’re deviating slightly from our usual focus on risk management to consider a related topic: the top ten project manager
Risk matrix sizing is one of those technicalities of qualitative risk analysis that, surprisingly, has occasionally sparked heated debate between risk management professionals. Here’s our
A Brief History of Risk Analysis Risk management can be traced back to the beginning of human history, but it was only towards the end