Project Risk Management Frameworks

Similarly with our approach to assist clients review and develop their business, or enterprise risk management frameworks and processes, Riskcom is also able to assist organisations establish project risk management frameworks that are importantly aligned to the enterprise RMF, yet tailored to ensure that outcomes from the project risk assessment are meaningful. We often observe that project managers are instructed to implement an enterprise risk management framework yet but become frustrated when the risk assessment process fails to highlight significant risks as a result. Risk assessment criteria for example, need to tailored specifically for a project delivery environment to ensure they are prioritised accordingly..

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Risk in change

To address a particular need, organisations will implement specific projects to effect change in the business. As part of their responsibilities Project managers will identify and manage risks associated with the delivery of their projects, typically associated with schedule, cost and quality.

What is often neglected however, is the identification and management of those those risks that are delivered into the business as a result of the change…
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