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What are best practices of managing Risks in Project

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تم إضافة السؤال من قبل Hafeez Shah , Head of IT Operations & ERP , ICI Pakistan Ltd.
تاريخ النشر: 2013/06/04
Mohamed  Mahmoud
من قبل Mohamed Mahmoud , Technical Lead - Advisor , Riyad Bank

First of all you have to plan your risk managment, you must identify the risks as early as possible and keep it in risk register which contanis information about your risks (category, priority, triggers, status, owner, etc...) You must monitor and control your risks and apply your contingency and risk response plans as needed.
While monitoring and controlling risks, you will be implementing workarounds, updating risk register, Identify new risks, implement change requests for corrective/preventing actions.
This is a simplified list of how to manage risks and you should always follow your orgnisation standerd procedures and practices and refer to lessons learned from privious projects

Ahmed Hejazi
من قبل Ahmed Hejazi , Projects Manager , Jadat Itqan Consulting - JIC

As a well recommended practices of managing risks in projects are risk assessment, prioritization, finding solutions, cost analyses, communication, agreement of best solution(s), execution. 

keerthana salla
من قبل keerthana salla

by just being cool mind by making more friends so that we can manage though more stress falls...so we can cop-up

Bilal Riasat
من قبل Bilal Riasat , Execution Manager , Etihad ESCO

Important thing is to define your risks so i suggest create a risk register, name risks, type of risks, define risks,its impact , chances of occurrence, mitigation plan, updates , tracking & team/people responsible for actions........by this u will be able to manage risks easily.
(if they occur).

Hafeez Shah
من قبل Hafeez Shah , Head of IT Operations & ERP , ICI Pakistan Ltd.

Few client PMs are not accepting Risk Registers to be presented to Steering Committee or Management because they think their Manager might hold the project due to many risks arising...
did anyone face such issue ?

JAIKANT RANA
من قبل JAIKANT RANA

risk sometimes it may successful or may be fail but plan for completing them is main thing.

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