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12 Tips of Christmas – Project

Category: General
Risk Management

What is a Risk?

“A risk is something that if occurred would have a negative impact on a project. Risk management is the process of identifying, mitigating, and controlling the known risks”

There are many risk processes which can be used to manage risks in a project. I use a very simple method, which I have outlined below:

Review and identify risks that could impact the project

Investigate and log what the mitigation action(s) are for the risk

Share this information with the project team and interested stakeholders

Keep track of the status of the risk and monitor if any action needs to be taken

Stay focused on potential new risks that can occur during the project lifecycle

What can Olas do to help?

We at Olas has dedicated project managers with many years of experience on project and programme management across many different industries and sectors.

Why not give us a call on 01 2790020 to discuss your needs and where we can help.

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