July 07 2009

What is the impact when the organization not doing proper Risk Management?

What you’ll see:

  • Idealistic approach that assumes “all is well” even when there is evidence that all is NOT well
  • Issues that are known risks to project staff are a surprise to management
  • Every time a new problem manifests, a new management technique is tried

Why Should You Care? Because…

  • The project may escape some of the “bullets”, but not all
  • No lessons learned for future projects means making the same mistakes on multiple projects
  • Repeated project failures due to the realization of unforeseen (but predictable!) risks costs you business, if not the whole company.