Risk management is so important when it comes to ensuring your project stays on track – both in terms of budget, which is what this column mainly talks about – but also in generally.
The graphic below shows the three levels of risk management to consider on your project (and beyond). If you aren’t working at the portfolio management level in your organisation, you can still take these into consideration because you can work with those who are managing your portfolio. Ask the right questions and help keep your project on track!
For more on this idea, check out this article.