3 Steps to Proactive Project Risk Management

January 30, 2009 | Author: PM Hut | Filed under: Project Management Best Practices, Risk Management

3 Steps to Proactive Project Risk Management
By Oakleigh Consulting Ltd

Project Risk Management needs to be seen as a positive rather than an annoying extra burden. It should be part of everyday good management and not as an add on that can be very quickly taken away and forgotten about. Risk management can help understand and address problems which may occur in a positive and proactive way.

Yes but how, you might say! Try this three step approach.

  1. Take a look at the way risks are managed across the organisation, seeing how it all should link together and, importantly, who takes responsibility.
  2. Challenge the various stakeholders in risk management to act in a more cohesive and collective way. For example, internal and external audit need to ensure that they don’t duplicate each other. Controls assurance need to complement the work of risk management and not replace it. Business Continuity Plans need to reflect all aspects of the working of the Trust and not just the IT systems.
  3. Assess the risks as early as possible in the life of a new project or programme be it policy/ IT/ new clinical process/ building works. Ensure that the risk assessment serves the needs of the project and is not seen as a way of ‘big brother’ looking down from on high. Risk assessments on detail projects often identify strategic problems which can get overlooked higher up the organisation.

Source: Oakleigh Consulting Ltd

If you have any questions about the subjects covered in this article or you would like to find out more about how Oakleigh Consulting Ltd could help your organisation, please contact us on 0161 835 4100 or email us.

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