Sanju DurgannavarSenior Project Manager| DefenceHyderabad, Telangana, India
Which Risk Management Tool or Application did you find useful in your project and learning it will help to get an edge over others in job search? Saving Changes...
Risk management tools won't give you an edge. Effective application of risk management practices such as optimizing risk responses and getting risk owners to follow through on their actions will.
Tools differ between companies so any specific program won't matter much unless your prospective employer uses the same one. I emphasize not my tool use, but rather my strategic implementation of risk management approaches and sometimes implementing a new tool as part of the project deliverables. That shows you don't just use tools, you develop the business architecture supported by the tool.
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1 reply by Sanju Durgannavar
Dec 06, 2024 10:00 PM
Sanju Durgannavar
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Thank You Keith for your valuable insight which clearly shows your experience on the subject. Definitely, this will help in learning and add value to others!
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Sanju DurgannavarSenior Project Manager| DefenceHyderabad, Telangana, India
Dec 06, 2024 4:14 PM
Replying to Keith Novak
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Tools differ between companies so any specific program won't matter much unless your prospective employer uses the same one. I emphasize not my tool use, but rather my strategic implementation of risk management approaches and sometimes implementing a new tool as part of the project deliverables. That shows you don't just use tools, you develop the business architecture supported by the tool.
Thank You Keith for your valuable insight which clearly shows your experience on the subject. Definitely, this will help in learning and add value to others! Saving Changes...
Sanju DurgannavarSenior Project Manager| DefenceHyderabad, Telangana, India
Dec 06, 2024 3:45 PM
Replying to Kiron Bondale
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Sanju -
Risk management tools won't give you an edge. Effective application of risk management practices such as optimizing risk responses and getting risk owners to follow through on their actions will.
While risk management tools like RiskWatch or Primavera can help, they alone won’t give you an edge. The key lies in applying effective practices, such as optimizing risk responses and ensuring risk owners follow through on actions. Demonstrating leadership, accountability, and stakeholder alignment in addressing risks is far more valuable to employers.
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1 reply by Sanju Durgannavar
Dec 06, 2024 11:58 PM
Sanju Durgannavar
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Thank You Pavan for naming few of the tools and yes definitely as you have mentioned addressing of risks will be valued more than having knowledge of these tools. Your prompt and accurate reply will be helful for learning !
Saving Changes...
Sanju DurgannavarSenior Project Manager| DefenceHyderabad, Telangana, India
Dec 06, 2024 11:01 PM
Replying to Pavan Maddi
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While risk management tools like RiskWatch or Primavera can help, they alone won’t give you an edge. The key lies in applying effective practices, such as optimizing risk responses and ensuring risk owners follow through on actions. Demonstrating leadership, accountability, and stakeholder alignment in addressing risks is far more valuable to employers.
Thank You Pavan for naming few of the tools and yes definitely as you have mentioned addressing of risks will be valued more than having knowledge of these tools. Your prompt and accurate reply will be helful for learning ! Saving Changes...
Mark WarnerProject Manager| AURATucson, Az, United States
There are a number of different commercial tools available on the marketplace, and what works best for you will be a matter of your needs, budget, etc. That said, in my experience, you will need: a) a tool for gathering risks from team members and stakeholders (I like a custom Google Form approach); b) a repository for those risks (i.e., a Risk Register; I personally like to keep this simple with Google Sheets); c) a means of analyzing/discussing/responding to the risks (again, I prefer to do this within a custom Google Sheet, but I've also used Jira very successfully in the past); and d) a means of reporting on the risks.
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1 reply by Sanju Durgannavar
Dec 09, 2024 11:48 AM
Sanju Durgannavar
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Thank You Mark,
Great! This will be highly beneficial for all latest or practising Project Managers.
Saving Changes...
Sanju DurgannavarSenior Project Manager| DefenceHyderabad, Telangana, India
Dec 07, 2024 7:30 AM
Replying to Mark Warner
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There are a number of different commercial tools available on the marketplace, and what works best for you will be a matter of your needs, budget, etc. That said, in my experience, you will need: a) a tool for gathering risks from team members and stakeholders (I like a custom Google Form approach); b) a repository for those risks (i.e., a Risk Register; I personally like to keep this simple with Google Sheets); c) a means of analyzing/discussing/responding to the risks (again, I prefer to do this within a custom Google Sheet, but I've also used Jira very successfully in the past); and d) a means of reporting on the risks.
Thank You Mark,
Great! This will be highly beneficial for all latest or practising Project Managers. Saving Changes...
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