IT GovernanceRisk Management

How to Manage Project Risks, Part 1: A Perspective

Jed Simms of CIO.com makes it a point to start his article with the fact that many projects have a risk management plan, but very few ever use that plan successfully. He goes on to state how very few organizations can accurately identify what successful risk management means to them, or how it applies their projects in general. The article then lists eight project risk dimensions that must be considered in order to fully achieve a risk management strategy, including critical success factors, leading indicators of failure, and a host of project to corporate risks.

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