Effective risk management strategies allow you to identify your project's strengths, weaknesses, opportunities and threats. By planning for unexpected events, you can be ready to respond if they arise ...

Because risk is a part of any project, an important role of the project manager is to identify and control it. Without any control, risks can become disasters, causing delay, unnecessary expenses and ...

Your project is on schedule, until legal reviews take way longer than anticipated. You find out—too late—this exact situation happened with another a project a few years ago. Sound familiar?

For a risk management plan to provide the coverage your project needs, it should include six core elements. Here are the details. Risk management plans help projects teams ensure that they have ...

Risk is something we all encounter in our lives. Virtually every serious decision we make is based on a consideration of the risks involved in taking one course of action over another. Some people are ...

Defined as “the application of knowledge, skills, tools and techniques to project activities to meet the project requirements,” project management has “always been practiced informally,” according to ...