Active project risk management can help you do your next project more efficiently. The active risk management plan can help you with project control, outcomes, and successes when implemented correctly. How? A proper risk management plan acts as an identifying source for significant events – issues, errors, and corrective actions – which can make Lessons Learned more useful as an end-of-project process. Think of it as “baked in” Lessons Learned preparation, while also helping identify “old” assumptions:
Risk Management is also a way to address a project's “assumptions” that might previously have been considered to be unchanging during the course of the project. We all know from experience in managing projects, however, that initial “assumptions” almost never stay the same during projects. So, Risk Management is a technique for planning and taking action for assumptions that change during a project.
By facilitating an active risk management plan, you increase the likelihood of your project leaders identifying errors, learning from them, and moving past them more rapidly.