52 Risks Framework

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Top 10 Free Project Management Resources

Project risk can manifest itself in businesses of all sizes.  The business world is littered with failed projects. Projects can be over-time, over-budget, delivered with reduced scope or not delivered at all. Here is my top ten list of free corporate, government, academic and not for profit resources that can provide business leaders with insights and tools to better manage projects and project risk.

Operational Risks

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Financial Risks

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Ten Important Financial Risks

This article outlines ten important financial risks that may arise for many – if not all – businesses in an economic downturn. Even in buoyant economic times, however, these financial risks need to be closely monitored and assessed.

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Risk Management And Value Creation

Risk managers often find it difficult to articulate the value of an investment in risk management. Likewise, business owners, directors, and executives struggle to justify an investment in risk management. There are always many competing financial priorities. There are four key outcomes that will arise from an investment in risk management.

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Doing a Risk Management Stocktake

Often the cut and thrust of daily business life gets in the way of sitting back and taking stock of risks in a business. Distractions can take the form of putting out spot fires, negotiating contracts, resolving issues with customers, dealing with projects, or managing personnel matters. Business leaders should carve out time periodically to take stock of the risks in their business and look at how they manage them.

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Spotlight on Business Model Risk

Business leaders often neglect to critically question the sustainability of their business model. When a line of business, department, segment or product is going well the temptation is to rely on it more heavily for future revenue and earnings growth. There are a number of key questions that can be asked to assess and understand business model risk.

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