RISK MANAGEMENT

A risk is an uncertain event which may have an adverse effect on the project's objectives. This Risk Management book is based on a proven risk management methodology, which should be very effective in the quest for identifying risks throughout the project life-cycle. Remember, this Risk Management methodology is: forward looking, investigating problems and how to deal with threats, a tool enabling communication, getting people at all levels to talk to each other and to interact, a no blame team culture, bringing concerns into the open where actions can be taken and plans put in place, in order to stop a risk occurring. The Risk Management process commences by identifying the enterprises most important and risky projects, as these must be given priority. This Risk Management book/manual is essentially a method that permits the collection of knowledge and experience from those involved, in a form that facilitates the Systematic Interaction and Generic Methodology for Applications.