Article - Top 10 Project Risks and What to Do About Them

 

Here is my favourite definition of risk:

Risk is a bad thing that can happen on your project, but you are not entirely sure it will

Below you will find a tables 1 and 2 with ten most common risks and ways to address them both early (highly recommended!) and late in the projects.

Table 1

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Table 2

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And what are your “favorite” project risks and what do you do about them? Please leave your comments below.

About the Author

Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting is an internationally acclaimed expert and speaker in the areas of project/portfolio management, scope definition, process improvement and corporate training. Jamal Moustafaev has done work for private-sector companies and government organizations in Canada, US, Asia, Europe and Middle East.  Read Jamal’s Blog @ www.thinktankconsulting.ca

Jamal is an author of two very popular books: Delivering Exceptional Project Results: A Practical Guide to Project Selection, Scoping, Estimation and Management and Project Scope Management: A Practical Guide to Requirements for Engineering, Product, Construction, IT and Enterprise Projects.