How do you balance managing risks and encouraging new ideas in projects?

Agile Career Development Decision Making

Pavan Maddi

Community Champion

Buona Vista, Singapore

From my experience, managing risks is important, but focusing too much on avoiding problems can hold back creative ideas. I’ve seen teams play it safe and miss out on great opportunities. How do you make sure to manage risks while still allowing your team to try new things? Do you play it safe, or do you push for fresh ideas even if they come with some risk?

Posted: Apr 6, 2025 10:10 AM

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Aung Sint

Community Champion

Lead Consultant| Laminar Projects

I echo the responses by others in the discussion thread - finding the right balance between innovation and risks.

In my experience, we would review the innovative ideas (or value engineering, as we call it), alongside the risk factors, weighing the pros and cons. I should mention that having a governance review in place ensures risks are being managed (or mitigated).

Posted: Apr 27, 2025 9:17 AM

Laura Lazzerini

Community Champion

Head of International Project Management Office| Deutsche Telekom Praha, Czechia

Apr 08, 2025 4:42 PM

Replying to Laura Lazzerini

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I believe that you allow new ideas to come out by managing risks. In the moment that you foster a new idea you should also make the activities related to risk management

When a new idea comes, the risk management assessment should be performed, so that the impact of the risk can be evaluated, based on the risk appetite of the company.

Posted: May 23, 2025 10:35 AM

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How do you balance managing risks and encouraging new ideas in projects?

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