In a small business, you probably can't eliminate all of the financial, material or physical risks you might encounter in a given project or initiative, but you can minimize risk through proper ...

For a risk management plan to provide the coverage your project needs, it should include six core elements. Here are the details. Risk management plans help projects teams ensure that they have ...

Effective risk management strategies allow you to identify your project's strengths, weaknesses, opportunities and threats. By planning for unexpected events, you can be ready to respond if they arise ...

With nearly two decades of retail management and project management experience, Brett Day can simplify complex traditional and Agile project management philosophies and methodologies and can explain ...

It’s never a good idea to rush head-first into a new project if you haven’t completed the necessary preparation first. You may miss something, forget your overarching goal, or simply find it difficult ...

The ultimate purpose of risk identification and analysis is to prepare for risk mitigation. Mitigation includes reduction of the likelihood that a risk event will occur and/or reduction of the effect ...

Because even the best planned projects deal with uncertainty, managing risk is a key component of successful project design. Starting with a brief review of project risk management concepts and ...

The right mix of planning, monitoring, and controlling can make the difference in completing a project on time, on budget, and with high quality results. These guidelines will help you plan the work ...

Your project is on schedule, until legal reviews take way longer than anticipated. You find out—too late—this exact situation happened with another a project a few years ago. Sound familiar?