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Episode 063: How do Risk Attitudes Affect your Project?

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The Project Management PrepCast

Episode 063: How do Risk Attitudes Affect your Project?A Risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives. There are many hard tools out there that tell you how to identify your risks, how to quantify them, how to define their impact on the project and what you can do in order to avoid or mitigate them. But how do you and the stakeholders on your project react to risks? Do risks frighten you or do they invigorate you? And what risk approach will a frightened project manager take versus the approach that an invigorated one takes? This discussion is at the core of Risk Attitudes. We are honored to welcome Janice Preston, PMP, on our program today to explore the four basic risk attitudes. Janice was a contributor to the risk section of both the 1996, 2000 and 2004 version of the PMBOK® Guide and as such very qualified to look into this with us. As always we have Helpful Resources that complement this interview.

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Cornelius Fichtner
Cornelius Fichtner
Cornelius Fichtner, PMP, CSM, is the host and the author at The Project Management Podcast. He has welcomed hundreds of guests and project management experts to the podcast and has helped over 60,0000 students prepare for their PMP Exam. He has authored dozens of articles on projectmanagement.com and PM World 360. He speaks at conferences around the world about project management, agile methodology, PMOs, and Project Business. Follow him on Twitter and connect with him on LinkedIn.

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