Making mistakes is good for business. Yet some business leaders think mistakes are a bad thing.
Stick with me and I will explain why making mistakes is good for business … I’ll also show you how to deal with mistakes.
Are you playing the game of projects? Do you know about the types of projects?
Stick with me an I’ll show you a new way of thinking about organisational change projects.
I’ll also explain why it’s important to learn about the 4 types of projects. And, why this knowledge can make you a better change leader or project manager.
At Leadership Thoughts we think project management is an essential skill for leaders.
In this brief article we summarise the first key project management skill, project risk management, and provide some useful links to more detailed articles on project risk management.
Before I close my series of posts on project risk I thought I should address a related topic: project opportunity. Risk management is concerned with potential unplanned events that impact a project negatively. In contrast, opportunity can have a positive affect on the project. Moreover, project opportunity should be managed in broadly the same way as project risk.
The purpose of the risk matrix is to determine the risk category (very low, low, medium, high, and high*) so project risk may be addressed according to the impact on project schedule, cost, and benefit.
It is easy to be brave when far away from danger. – Aesop