Project Management

Please login or join to subscribe to this thread

Managing Unforeseen Risks

linkedin twitter facebook   Risk Management  
avatar
Damian Perera Monitoring & Evaluation Specialist| Chrysalis Mellawagedara, Western Province, Sri Lanka
Projects can encounter unforeseen risks causing major delays and additional costs.
How can we identify and manage unforeseen risks in projects?
Sort By:
< 1 2 >
avatar
Vincent Guerard Coach - Trainer - Speaker - Advisor| Freelance Mont-Royal, Quebec, Canada
Damian,

Unknown - Unknown risk are unforeseen by definition. Lesson learned from previous project should reduce potential U-U, but not eliminated them.

For example in construction project you could identify a weather related risk for major rain or tornado but you may not have seen it at the scale it materialized. You did identify a 1 in ten years, but it was a 1 in hundreds years or thousands years. Very different event.

Losing a key ressource is one, have you identified losing 3 or more key Ressources?
< 1 2 >

Please login or join to reply

Content ID:
ADVERTISEMENTS

"Don't worry about people stealing your ideas. If your ideas are any good, you'll have to ram them down people's throats."

- Howard Aiken

ADVERTISEMENT

Sponsors