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Topics: Risk Management
Do you have experiences in applying risk management?
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I am assembling the 4th book in my PM-related series; this one is a collection of how people are using risk management practices in different countries. If you are practicing in Asia, Africa or Australasia and have some experience to share, please submit a comment so we can begin an off-thread email discussion. [If you are in the Americas or Europe, feel free to contact me and we start compiling the next book!]

For those who might be worried about "writing" a chapter, please don't let that be a roadblock. I have a couple of approaches to working with you to create a short 10-15 page chapter and it won't take more than an hour of your time. The chapter will, of course, have links or QV codes to your website or other asset you want to showcase.
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Hi Douglas, just from curiosity, do you believe the differences are on the level of continents or on the level of countries? I'm European and I would say there are different cultures in different countries. But at the same time, are the variances really that big to determine different approach to risk management? Thanks!
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1 reply by Douglas Brown
Dec 10, 2018 9:09 PM
Douglas Brown
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Hi, Lenka! I doubt that they are very different, and that is really the point that the book makes. My basic premise is that all project management is really just a codified process of risk management (the risk that left to their own devices the project team will not meet the constraints). A couple of authors have put forward some interesting examples of how things work in their experience, but they turn out to be quite similar to others. This being the case, there is little excuse not to use these practices, although in my experience far too many project risk management activities end at the point where the risk severity matrix is turned in at the time of project approval.
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Dec 10, 2018 8:11 PM
Replying to Lenka Pincot
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Hi Douglas, just from curiosity, do you believe the differences are on the level of continents or on the level of countries? I'm European and I would say there are different cultures in different countries. But at the same time, are the variances really that big to determine different approach to risk management? Thanks!
Hi, Lenka! I doubt that they are very different, and that is really the point that the book makes. My basic premise is that all project management is really just a codified process of risk management (the risk that left to their own devices the project team will not meet the constraints). A couple of authors have put forward some interesting examples of how things work in their experience, but they turn out to be quite similar to others. This being the case, there is little excuse not to use these practices, although in my experience far too many project risk management activities end at the point where the risk severity matrix is turned in at the time of project approval.
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Alright then, good luck with your book!
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I could certainly see risk management being quite different depending on region. Based on work safety practices I've witnessed, tolerance to risk can vary widely.
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My experience in risk management is based on the traditional military model of life, limb, and eyesight. I did transfer some of that at my last company and after much pushback, I was able to convince them that risk management was as applicable towards establishing a new business unit as it would be performing a tactical assault; sure the stakes may be a bit different, but the end result is still the same.

On an international level, I would have to say the degrees of risk acceptance would differ based on cultural acceptance of hazards

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