CERM Risk Insights #15

Readers;

More than 1,000,000 companies are starting their risk journey as part of their ISO 9001 (2015) registration.  We’re receiving basic questions like: “What is risk?,”  What’s a risk inventory? ” and so on.  We assumed that risk basics have been covered in a number of publications.  Wrong!  Making assumptions without data is always dangerous.  And, we fell into this trap.  
 
So, this issue of CERM Risk Insights is back to the basics of risk and risk management.  Also, take a look at our Tips&Tools@Risk for additional information.  We’d like to hear from you.  Happy reading!
 
Greg Hutchins PE CERM | CERM Academy | Quality + Engineering | 800.COMPETE | 503.233.1012  
 
 
Context Matters When Discussing Risks by Mark Jones.  A friend of mine once told me that context is worth 20 IQ points.  Read why and how you can understand risk better by understanding the context of the project.
 
Risk is Like Fries – You Can’t Avoid it! by Phillip Knagg.  Recognizing that risk is inherent in every project is the first step to managing it effectively.  Something like a 12 step program.  Learn what you need to do to identify and manage risks.
 
What is Risk? by Linda Westfall.  You can’t really talk about risk management unless you understand risk.  Linda starts with risk basics and then will be talking about more advanced topics in future issues.
 
Heat Maps and Grading Project Risk by Mark Moore.  Risk heat maps are the fundamental tool for conducting qualitative risk assessments.  Learn how in this great article.
 
Building a Risk Inventory to Manage Project Risks by Howard Wiener.  This is a continuation of Managing Project Risk the PMI Way.  Developing a risk inventory is critical to establishing a baseline from which to manage risks.
 
How to Manage Subcontractor Risk in Proposal  by John Ayers.  Companies often outsource a majority of their work. How you manage subcontractor risk can be the difference between success (margin) and failure (loss).  Read how to manage supplier risk.
 
Agile Projects and Risk by Paul Kostek.  Agile projects are fast and risky.  Learn a few simple techniques to manage your agile projects.
 

FREEMIUMS:  Below are our best selling free risk goodies.

 

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