Posted on June 22nd, 2011 | 0 Comments
Risk management is one of the more important aspects in project management.
As project manager your responsibility is to help your team to avoid and get rid of the issues and risks that lay all over the bumpy road towards project success.
On the other hand there is also a risk :-) that you’ll spend much valuable time in analyzing and finding mitigations for things that might never occur.
So how should you tackle it then?
My (pragmatic and default) answer: use your common sense.
To avoid spending too much time on unsure, useless things but still be able to identify the most important risks for your project, I developed a simple guideline. I call it my Risk Rule of Three).