Episode 020: Risk

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Show notes: Today's focus is on Risk Management, which we call "The Black Sheep of Project Management". Risk management in project management is important, but only a fraction of project managers actively manage risk on their projects. Risk management in agile projects is also a trending skill area. Basically, risk is so important to understand as doing so helps us better manage the project towards a successful outcome, regardless of whether you are using hybrid, predictive or iterative methods.

In this podcast episode we discuss why that is so and present a simple technique that will enable you to manage risk on your projects without spending hundreds of hours on this task.

There are many resources to help you manage project risk including the practice standard for project risk management, which many project managers use as their reference guide. We also have some useful resources on this website in the form of past webinar episodes on risk management critical success factors -- these are definitely worth watching for a detailed look at how risk impacts project success. Enjoy the episode!

Don't forget to stop by at Method123, sign up for their newsletter and get the Risk Management Kit for free. Also in this episode: A Good, Bad & Ugly review about TSI's PMP Lunchtime Lecture Series [Update: The web page is no longer available so we removed the link], and we are continuing the giveaway of two free licenses for VIP Team To do List - listen to the show to hear how to participate - time is running out [Update: This giveaway is now closed].