Project Management

3 Levels of Risk Management

From the The Money Files Blog
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A blog that looks at all aspects of project and program finances from budgets, estimating and accounting to getting a pay rise and managing contracts. Written by Elizabeth Harrin from RebelsGuideToPM.com.

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Categories: risk


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!

three levels of project risk

For more on this idea, check out this article.

http://www.projectmanagement.com/blog/The-Money-Files/11125/


Posted on: June 01, 2019 01:55 PM | Permalink

Comments (12)

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Alok Priyadarshi Project Manager| Tata Consulting Engineers Limited Jamshedpur, Jharkhand, India
Thanks for sharing!!

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Amitabh Pathak Head of Business Operations| BVS Trans Tech India
Nicely presented!

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Arunabha Bhattacharjee Functional Manager| HERE Technologies Thane (W), Maharashtra, India
Thanks for the nice presentation

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Rami Kaibni
Community Champion
Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada
Elizabeth, this is interesting but where does Program Risks fall in your categories ?

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SHADAV MOHAMMAD ANSARI PMO| ITC INFOTECH INDIA PVT. Ltd. New Delhi, Delhi, India
Very Good Post.. thanks

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Juan Salas Functional Manager| Vivaticket Barlassina, Italy
Thanks for this posto. Appreciate it !!!

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Gina Paola Barroso Payares Project Manager| RKC SAS Colombia
Thanks for the contribution.

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George Freeman Thought Leader | Author | Architect| Florida, United States
Thank you, Elizabeth. Great infographic, well done!

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Abolfazl Yousefi Darestani Manager, Quality and Continuous Improvement| Hörmann-TNR Industrial Doors Newmarket, Ontario, Canada
Good summary. Thank you for sharing

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Drew Craig Sr. Agile & Product Coach| Vanguard Philadelphia, Pa, United States
Thanks, Elizabeth!

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Srinivasan Ponnusamy Project Manager| Hinduja Technologies Ltd Chennai, Tamilnadu, India
Thanks for sharing

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Mushtaq Abdulrahimzai SWIS| Surrey Schools District 36 Toronto, Ontario, Canada
Thanks for sharing

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