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How to identify and mitigate project risks ?

Risk is the chance of something negative happening.

Thu Sep 19, 2024

Say Yes to New Adventures

Dictionary says - Risk is the chance of something negative happening.

Why negative things happen in projects?

Sometimes, it's because we simply can’t see the impact ahead of time. Other times, it's because we’re biased—thinking nothing could possibly go wrong.

So, how do we tackle that?

Not being able to anticipate risks often comes down to a lack of skills or experience. And bias? That’s rooted in untested assumptions.

What’s the point then ?
To avoid negative outcomes, you need to rely on the expertise of your team. Let the right people guide you at every step. And you create an environment so they call out the possibility of something negative happening.

And —constantly challenge your assumptions to make sure you're on track.

Download Risk Register

Risk management isn't a one-time task. It's ongoing. Staying proactive helps keep your project on track.

What’s your approach to handling project risks? Share your tips in the comments below !

To discuss this in more details, join my FREE Project Management Telegram Channel.

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