Risk Mitigation in Project Management
Summary
It involves a process that we’ll explore in a moment but basically addresses the top risks in order to fully protect the project. The way that Irma was handled in Florida is a great risk management lesson in how we should think about attacking and dealing with potentially catastrophic unknowns. • With each passing day, the governor continued to advance the communications that the storm was dangerous while giving his teams the resources to evacuate populations, solidify structures, and buttress as many vulnerabilities as possible. So, make sure that you are clear about getting all the information on the table ASA Having the clearest picture of what you should overcome will enable you to take the most aggressive action to get back on a firm footing. The key to managing the unknown is to have a plan of attack, maintain flexibility, and always make sure you are learning the reality of the situation so you can adjust your actions accordingly.
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