Tuesday, February 21, 2012
Risk Management – The Overlooked First Process of Project Planning - Part 6 of 6
I mentioned earlier that to be effective in controlling risks, the Risk Log must be reviewed at frequent intervals; first to determine if there are any new or developing risks, second to determine if assigned responses (actions) are being pursued, and third to make sure that risks are being controlled so that they do not become issues. It is critical that risks be controlled before they become issues – issues may have the potential of destroying momentum and may result in failure of the project..
All comments are welcome. Please take the time to share your experience with Risk Management (both good and bad) and, of course, your opinion and comments of what I have said.
(E. Charles E. Moone)