Risk and Project Integration

The integration of risk into project planning is a major challenge. Risk management planning is ineffective unless made an integral part of the project cycle. Successful integration of risk requires a proactive approach. The following is a risk integration checklist suggesting key points of interface with project decisions in the following categories: business culture, business strategy, project selection, project plan, formal risk management planning, project manual, product/ technical process development, customer risk tolerance, and lessons learned.

Action

What?

Why?

When?

Output?

Who?

Business culture

Create risk

Create business

Confirm that it

Part of business

Policy statement

Executive and

management

intent to

is important

plan; underlies

on how the

program

policy

manage risk

and back it up

project process

business will handle risk

management level

Assess

Find out how

Survey

Every six

Workforce

HR/project team

organization

aware

workforce

months

awareness

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Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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