Because risk is a part of any project, an important role of the project manager is to identify and control it. Without any control, risks can become disasters, causing delay, unnecessary expenses and ...

This Safety Report provides specific guidance on the management of project risks in decommissioning. The publication proposes a systematic and proactive approach to identifying, analysing, evaluating, ...

Effectively addressing risks means at the start of each project every project manager should develop and implement a risk management strategy, plan, and tools. But being able to decide which risks ...

Power and energy construction projects are often complex and nearly always full of risks. On some jobs, miscalculating schedules and underestimating material expenses can result in hundreds of ...

Vendor risk has the power to impact an organization’s reputation, ESG (environmental, social, governance) initiatives, and information security. Similarly, vendors can affect a project’s performance ...

Jochen Schwenk is CEO of Crisis Control Solutions LLC & Schwenk AG, an expert in risk and crisis management for the automotive industry. Risk management is a critical component of daily life and, of ...

Learn the definition of a RAID log, plus how to use it effectively for project management. Discover RAID log templates and examples. The core purpose of structured project management is to balance and ...

Deepwater projects typically face technical and financial challenges to their viability. Such challenges are now increasingly significant for operators, consultants, and contractors as exploration ...