The document discusses risk management frameworks and processes. It outlines different types of risks like project specific, function specific, and strategic risks. It also discusses whether risk management should be done at the organizational or project level. Finally, it emphasizes that project risk management is important for identifying, analyzing, and responding to risks throughout a project's lifecycle to help meet objectives and improve success rates. Project risk management can help with project selection, scope definition, and developing realistic estimates.
The document discusses risk management frameworks and processes. It outlines different types of risks like project specific, function specific, and strategic risks. It also discusses whether risk management should be done at the organizational or project level. Finally, it emphasizes that project risk management is important for identifying, analyzing, and responding to risks throughout a project's lifecycle to help meet objectives and improve success rates. Project risk management can help with project selection, scope definition, and developing realistic estimates.
The document discusses risk management frameworks and processes. It outlines different types of risks like project specific, function specific, and strategic risks. It also discusses whether risk management should be done at the organizational or project level. Finally, it emphasizes that project risk management is important for identifying, analyzing, and responding to risks throughout a project's lifecycle to help meet objectives and improve success rates. Project risk management can help with project selection, scope definition, and developing realistic estimates.
The document discusses risk management frameworks and processes. It outlines different types of risks like project specific, function specific, and strategic risks. It also discusses whether risk management should be done at the organizational or project level. Finally, it emphasizes that project risk management is important for identifying, analyzing, and responding to risks throughout a project's lifecycle to help meet objectives and improve success rates. Project risk management can help with project selection, scope definition, and developing realistic estimates.
• Function specific risk • Strategic Risk Organisation or Project? • Knowledge Management • Management awareness • Building strategy incorporating risk • Top down vs Bottom up • Complexity paradigm Project risk Management • Project risk management is the art and science of identifying, analyzing, and responding to risk throughout the life of a project and in the best interests of meeting project objectives • Risk management is often overlooked in projects, but it can help improve project success by helping select good projects, determining project scope, and developing realistic estimates Risk management process