Episode 484: Project Risk Management (Free)
12/10/22 • 48 min
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We welcome Dr. David Hillson to look at project risk management for business leaders and project leaders through the metaphor of a risk hurricane, which David introduced in his book Taming the Risk Hurricane.
Risk management has become a standard part of the strategic tool kit, providing senior leaders with a forward-looking radar to scan the future and give early warnings of approaching threats and opportunities. However, even best-in-class organizations can falter in the face of extreme risk exposure. Special circumstances demand special responses, and extreme risk exposure needs very careful handling. Routine risk management approaches will fall short, but businesses that demonstrate a high degree of flexibility and resilience will have the competitive advantage and the ability to thrive where others fail.
Play audio-only episode | Play video episode
Click above to play either the audio-only episode or video episode in a new window.
We welcome Dr. David Hillson to look at project risk management for business leaders and project leaders through the metaphor of a risk hurricane, which David introduced in his book Taming the Risk Hurricane.
Risk management has become a standard part of the strategic tool kit, providing senior leaders with a forward-looking radar to scan the future and give early warnings of approaching threats and opportunities. However, even best-in-class organizations can falter in the face of extreme risk exposure. Special circumstances demand special responses, and extreme risk exposure needs very careful handling. Routine risk management approaches will fall short, but businesses that demonstrate a high degree of flexibility and resilience will have the competitive advantage and the ability to thrive where others fail.
Previous Episode
Episode 483: Project Performance Domains 5-8 (Free)
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This webinar is the second of two in which Cornelius Fichtner explores the following four Project Performance Domains that were introduced by the PMBOK® Guide Seventh Edition:
- Project Work - Managing project tasks
- Delivery - Transferring project results
- Measurement - Understanding project progress
- Uncertainty - Risk is uncertainty that matters
Next Episode
Episode 485: Data Literacy for Project Managers in the Age of Artificial Intelligence (Free)
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Data literacy is the ability to understand, use, and communicate data effectively, including the skill to analyze and interpret data, make data-driven decisions, and reporting results clearly to your project stakeholders. The discussion delves into this crucial skill for project managers required in today's data-driven world.
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