Project Risk Management: It's Either Contingency Planning Now Or Emergency Relief Later

Topics:
Project Management,
Risk Analysis and Management
Tags:
Business Operations,
Security,
Risk Management,
Management,
Financial Services,
Financial Planning,
Finance,
Contingency Planning,
Business Security,
Strategy
Source:
Global Knowledge

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Overview: The competitive market and stakeholder risk tolerance levels exacerbate the myth that risk management initiatives are a waste of project resource time; that time should be focused on the actual work of the project, not events that may or may not occur. The fact is, however, that it is either contingency planning now or emergency relief later for projects. In most cases, risk management initiatives either do not occur at all or are done as a mere checklist formality early in the project.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 90KB | Date: Mar 2008 | Pages: 3


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