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Project Phases
August 28, 2008
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Work Breakdown Structure Was Shallow - Project Management Mistake # 7
August 27, 2008
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Project Risk Management: Benefits and Obstacles
August 27, 2008
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Work Breakdown Structure (WBS)
August 27, 2008
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Project Steering Committee Composition
August 27, 2008
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Manage Project Risks
August 27, 2008
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Cost Estimating in Program Management
August 26, 2008
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SMART Requirements - Conclusion
August 26, 2008
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3 Main Benefits of Project Baselining
August 26, 2008
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The Top Five Reasons Project Managers Fail
August 26, 2008
Risk Management - Risk Management Officer
July 15, 2008 | Author: admin | Filed under: Risk Management
Risk Management - Risk Management Officer (#37 in the Hut A Project Management Primer)
By Nick Jenkins
One way for larger-scale projects to control their risk is to appoint a risk management officer. The risk management officer’s responsibility is to identify all the risks to a project and to prioritise and present them to the project team for resolution. In smaller-scale projects, risk management is often intrinsic to the role of the project manager and is not considered separately. The principles outlined in this section can still be utilised by smaller project teams, however. Rather than appointing a separate risk management officer, a discussion of likely risks can simply be added to whatever regular team meetings occur. A quick discussion amongst different representatives of the team can often highlight some interesting items which have been concealed from the rest of the project team.
The formalised process of profiling and resolving risks can then be applied in an informal manner to plan for potential threats to the project.
Next in the Hut A Project Management Primer:
Risk Management - Risk Profiles
Previously in the Hut A Project Management Primer:
Risk Management - Introduction
Nick Jenkins is an IT manager with 10 years experience in software development, project management and software testing. He’s worked in various fields of IT development in Australia, Britain and the USA and occasionally he learned something along the way. Now he lives on the banks of the Swan River in Perth, Western Australia, and he publishes the odd guide to help aspiring IT professionals. Nick’s website can be found at www.nickjenkins.net.
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[…] project will suffer a similar problem. Here, too, you can see the benefits of having a separate risk management officer since it is unlikely a project manager, however honest, would rate his own scheduling abilities as […]