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1/27/2011 9:13 AM
An additional and very important part of risk management, which relates to step 3 and 4, is to make a risk register (or risk log) that captures and track the identified risks and the risk mitigations. A small project with just a few involved can manage a risk register in a spreadsheet. Real projects with more involved persons should use a proper tool, such as http://mediumrisk.com which is an online web based risk register. With MediumRisk team members have instant access to the most up to date project risk information, and the project management team always has an accurate overview of the most critical issues and the pending actions for implementing the necessary risk mitigations.
Risk Culture Builder (@RiskCultureBldr)
1/26/2014 6:52 AM
Addressing the aspect of people risk is the only way an organisation can improve the way their people respond to a situation of risk and the effectiveness of their risk management function. No organisation can ever have a perfect risk management culture, but organisations can achieve a level of maturity where they have an effective risk culture process and every employee is risk-minded and does something on a daily basis to mitigate, control and optimize risk
For current thought leadership on Risk Culture Building, see my blog:
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