In principle, a business’s approach to risk management should be fairly static. However, projects and their inherent risks can differ in scope and impact—so in practice, it can be difficult for organizations to apply a standard risk management strategy evenly across all projects.
Adding to this difficulty? The fact that risk management is often incorrectly practiced as just one step within project planning.
In reality, risk management is an ongoing process that should occur at every stage in the project life cycle. It’s no wonder organizations struggle with this aspect of project management—and as a result, many projects end up in jeopardy.
In this e-book, Software Advice sheds light on how project risk management should really be practiced, and highlights 14 software tools businesses can use to better incorporate risk management strategies into their existing project management processes.
14 Project Risk Management Tools
to Manage Life Cycle Uncertainty
In this e-book, you’ll learn:
✔ Best practices for project risk management
✦ We asked the experts at the Project Management Institute (PMI) to outline their standard principles for project risk management.
✔ How to incorporate these best practices into each stage of the project life cycle
✦ We spoke with certified risk management and project management professionals for advice on how to apply PMI’s principles at each stage in the project life cycle.
✔ What PM tools managers can use to tackle risk throughout the life of a project
✦ We feature 14 PM products with functionality specific to each stage in the life cycle of a project to help you better manage risk every step of the way.