Ask any Project Manager if they think Risk Management is an important part of successful project management and they’ll all say yes. Ask them if they actually use Risk Management consistently throughout the entire project lifecycle and you’ll probably see far fewer hands go up.
In my own personal experience, I have found that there is almost nothing that eases the path of a project as much as a consistent and disciplined approach to Risk Management. There are two very simple reasons why a consistent approach to capturing, evaluating and managing risk is so critical to managing projects. Continue reading