Your Risk Management Process - A Practical and Effective Approach

• Date: November 17, 2009
• Source: External

A strong risk management process along with project mangement can eliminate any surprises in the course of the project. It helps in a systematic and planned approach to risk mitigation than a knee-jerk reaction. Risk management involves a collective effort. It requires resources take time out of their actual project time. Everyone ahould be able to identify the potential risks associated with the project. The group further will consolidate on these risks identified and form subgroups to tackle these risks. Read more on the seven steps to risk management.