Put risk management training wheels on your project office

The failure of project organizations to foster a meaningful risk management mind-set was a topic discussed at PMI's 1999 and 2000 Seminars & Symposia.An idea that is missing from the PMBOK® Guide is the critical importance of having a database or repository for risk management data.One such tool is the freely distributed Risk Radar, created under contract with the U.S. government.Working with Microsoft's Access database software, Risk Radar supports each step of the PMBOK® Guide process, and enabling visibility and analysis of risk data, as well as the ability to produce formatted reports that can be used to support detailed risk analysis and review.At the conclusion of a project, the risk database, and the list of probable risks and risk response plans, can be migrated to the next project team.
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