Risk Management for Managers: How to Manage Risk Strategically
OVERVIEW Risk is part of life whether you are developing a major new product or planning a family vacation. Most of us intuitively include some basic risks in all our plans but most of us fail to analyse and plan to mitigate risks systematically in all our work. Even more problematic is dealing with unexpected risks. Learn to create mitigation plans for anticipated risks and a plan to deal with the unexpected. Use some simple tools to analyse risks and prioritize the need for planning. Be confident as you avoid unnecessary "firefighting" and manage risk strategically. Risk Management Process WHY SHOULD YOU ATTEND No project or endeavour ever goes off completely as planned. Glitches, whether large or small, can derail your work if you are unprepared. A risk management framework assures a greater chance for minimum impact to schedule, cost, and desired results. Being prepared to deal with unexpected risks allows you to respond not react. AREAS COVERED Contex...