If Risk management planning and identification is effective, are there more chances for a project to be successful with mediating effect of stakeholers' intentions towards risk management activities?

Salman Morris, PMP Project Manager| CareCloud Islamabad, Pakistan

Effective the risk management more the project successful yes there is a positive relationship but if stakeholders' are intended towards risk management activities especially implement those risk responses with a sound risk policy, what you think the outcome would be?

Posted: Dec 21, 2018 12:20 PM (Updated by author: Dec 21, 2018 12:41 PM)

Kiron Bondale Retired | Mentor| Retired Welland, Ontario, Canada

Salman -

Risk identification and analysis is of limited value if you can't get stakeholders to respond in a timely manner to the risk responses they own.

This is why I always quote Dr. Hillson's definition of risk being uncertainty which matters - if it doesn't matter to your stakeholders then they aren't going to act on recommended responses.

Kiron

Posted: Dec 21, 2018 1:22 PM

Please login or join to reply

If Risk management planning and identification is effective, are there more chances for a project to be successful with mediating effect of stakeholers' intentions towards risk management activities?

Sponsors

Vendor Events

Guessing is not a strategy: How to build decision velocity with AI and real-time data

Newsletters