Risk Management: More than Just a Risk Register

Risk management is becoming ever more important in the preparation, planning, and delivery of programs and projects, as clients demand greater certainty (or an understanding of the uncertainty) of delivery times and costs.

Tools and techniques used for risk management have progressed over the last decade or so, moving the practice of risk management on from the probability/impact diagrams of old, with the availability of cheap computing power capable of performing sophisticated analyses of delivery plans.

John will outline the three main objectives of risk management, and provide an overview of how the risk management processes support delivery of these objectives, and discuss their integration with the wider project controls disciplines.