Want to play a part in reducing enterprise risk? Run a legal and compliance project—and keep these nuances in mind to be successful.
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Key to managing risks, assumptions, issues and dependencies (RAID) effectively is not just understanding each concept—it’s truly internalizing how the concepts interrelate. Here we look at three more elements of the RAID 101 Model.
Disruptive risks are growing in significance and impact, so mitigating or transferring risk entirely is no longer going to be enough. How does our approach to risk need to evolve?
Most project managers excel at identifying risks. But how well do they mitigate and manage them? We need adaptability and resilience—for ourselves, our teams, and our organizations. While many people think these traits are the same, they are not.
Key to managing risks, assumptions, issues and dependencies (RAID) effectively is not just understanding each concept—it’s truly internalizing how the concepts interrelate. The RAID 101 Model can help.
If risk is going to become part of organizational culture, then it needs to overcome its image problem. It needs a rebranding, because no one wants to associate their culture with something fundamentally negative.
Strategic risk management is a concept that seems too abstract to many people. But it is becoming increasingly important for organizations. How prepared are project managers to support the concept?
The rapid growth and interest in artificial intelligence by organizations worldwide has created legal headaches for companies on how AI should be used, especially in project management practices. Is a Project Officer for Ethical AI the solution?
The last few years have been massively stressful, with multiple crises building on each other to create a huge amount of strain, disruption and uncertainty. Now more than ever, PMs need to be resilient. But they also need to be realistic.
The trade-off between project delivery time and quality often depends on the specific requirements and constraints of the project, but this is not always something that’s properly assessed. When push comes to shove and you have to decide, which side should you pick?