What? Did you say something – Project Management Step Eight – Risk Management

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1) Create a Risk Management List early – keep the list current as the project progresses

Do you like to leave everything to chance with your business? Or do you consider the future, see problems and change directions to avoid disasters? You may not have a crystal ball but past problems can help prepare you for project rat traps.

Risk Management – understand all the risks that may fall upon your project
Start early in your project and list all possible items that could go wrong. Be honest. Pretend the project failed and you lose a lot of money and time. What went wrong? Again, be honest.

I will continue with my nine-blog session on Project Management. I will expand on each management segment of my past blog on Project Management.

 Risk Management – understand all the risks that may fall upon your project. Plan on unforeseen problems that may arise in your project. Do not have a “nothing will go wrong,” attitude. Unfortunate mishaps can and will happen. Come up with a problem-solving list that is ready to use at a moment’s notice.

Start early in your project and list all possible items that could go wrong. Be honest. Pretend the project failed and you lose a lot of money and time. What went wrong? Again, be honest. Write them down and watch for those possible problems that may occur. You can move your project along and remove all risks. Stay aware of each process of your project and you will identify project failure. Think about all that can go wrong and you can manage problems and prevent road blocks before they occur. Create a risk plan so you can present the risks and stay in control of your project.

For time killers, I try to stamp out each interruption that may come my way. I keep a look out into the future as best I can to prevent any problems. How are you with your Risk Management list? Do you keep the list current as you move ahead? Don’t let even the smallest things get in your way to finish your project.

 Risk Project Management Check List

1)      Create a Risk Management List early – keep the list current as the project progresses.

2)      Make sure all the other Project Management principles are in place – keep current with all the PM steps

3)      If a problem occurs learn from it so that problems like that will not happen again – create a problem list and keep it current

 More on Risk Project Management


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