Busting the Barriers to Managing Risk
Through both education in best practices and our own experience of juggling project time, cost and scope, we have realized not only the value of implementing project risk management, but the necessity of it as well. So, why are we not doing it?
Firstly we must break the limiting barriers which we have ourselves and which our organizations have. We can address each of these with a new innovated view which will allow us to remove or break through these barriers to implementing project risk management.
This paper discusses the cultural and organizational barriers to implementing project risk management and how we can both address and remove these, so that we can implement project risk management as we know we need to and want to do, to achieve project success.
We should not be under the impression that all projects are late and over budget. Instead let’s manage project uncertainty (risk) to deliver our projects ahead of schedule, and under budget, while meeting customer satisfaction requirements. This is what risk management affords us and why it is so important to implement for all projects in all organizations.
PMI Talent Triangle Skill: Technical Project Management