| Project Risk Management - from Trigraph |
A high percentage of projects run into difficulties during delivery and some fail to deliver the expected business benefits.
One of the primary reasons for failure is the project plan has not adequately addressed the potential risks – risks that exist in every project.
A Risk Management Process is a method by which risks to the project (e.g. to the scope, deliverables, timescales or resources) are formally identified, quantified and managed at the beginning of the project and throughout its delivery. To ensure your project is successful, you need to create a comprehensive Risk Management Plan. A Risk Management Plan is used to ensure that every risk is formally:
• Identified
• Quantified and Prioritised
• Avoided, transferred or mitigated through Action
• Monitored throughout the project lifecycle
Trigraph’s facilitated Project Risk Planning Workshop will take you through the steps in identifying project risk, quantifying the risks, determining appropriate action and building the Risk Management Plan for your project. This is an on-site workshop where we will work with your project team to identify and assess the risks to the project.
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