What is risk management?
Risk management is the discipline of trying to control uncertainty. All change involves uncertainty, and managing uncertainty – or risk – is fundamental to an organisation’s project, programme and portfolio management, helping to identify, assess and control risks and put in place effective frameworks for making informed decisions.
Not managing risk is commonly recognised as a major cause of project and programme failure. 68% of organisations say their business leaders don’t understand how threats can impact the organisation (Ponemon). 92% of CEOs say that information about risk is critical to success. But only 23% believe they have the right information and approach to risk management (Ponemon).
Why you may need risk management training
Do you find that problems hit you out of the blue that, with hindsight, you could have seen coming? Do you find that your work runs over budget and timescale due to unforeseen events? Consider risk management training if:
- You need to “get ahead” of problems, rather …