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July 21, 2014

Analyzing Possibility and Probability

by ITtoolkit

Every project involves risk. Knowing that going in, it makes sense to make risk analysis a regular part of your project planning routine. Risk analysis is about likelihood - is it possible and if so, is it likely?

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July 21, 2014

Ready for a Risky Project?

by ITtoolkit

You have just been asked to take over an important project -- is it time to jump for joy or head for the hills? If you have the opportunity to decide, consider your options and the consequences of managing a risky project.

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July 21, 2014

Quick Start: Risk Management

by ITtoolkit

Risk management relies on information, common sense, experience, intuition, and the right set of actionable practices to make the most of each element. The risk management need lasts for the entire project.

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July 21, 2014

Simple Steps to Control Project Risk

by ITtoolkit

Risk control can be a costly and time-consuming endeavor. That's why the nature of the risk to be potentially "controlled" must be fully evaluated to consider impact. Are the consequences worth the effort?

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July 21, 2014

Quick Start: Issues Management

by ITtoolkit

Issues and risks are similar, but not the same. Risks are predictable, issues just pop up and may not be anticipated. But many of the management techniques and strategic approaches are cut from the same cloth.

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