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If your stakeholder team is 10 or more people, the likelihood of the project failing to meet its objectives increases

06:16 27 May in Risk Analysis by admin

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As organisations get a little larger, teams tend to coalesce around the concept of “projects” whereby small teams can organise themselves around simple actions and outcomes. As organisations get larger still, the projects get bigger, and more complex, and this is when things tend to go...

Delivering risky projects in a post COVID world

21:32 28 February in Risk Analysis by admin

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Delivering significant projects and programmes to time, budget and scope has always been a risky business. As we emerge from the pandemic, the job of delivering projects has got a lot riskier The backlog of projects means that many have been initiated at the same time with...

Why QSRA Doesn’t Work – and how to fix it

13:47 11 January in Risk Analysis, Risk Management by admin

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The real reasons why applying Quantitative Schedule Risk Analysis doesn’t guarantee programme success. Many programme managers and consultants are familiar with QSRA, virtually an “industry standard” for large scale infrastructure programmes. The aim is to try and establish the schedule risk (ie the probability of meeting...

Bear Traps and Pit Falls: Traditional risk management – and why it fails to deliver

13:05 11 January in Risk Analysis, Risk Management by admin

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It is fair to say that, these days, most medium to large organisations will have some form of formal risk management process. It is also fair to say that most of these organisations generally view these processes with some suspicion as, deep-down, they don’t believe...

Getting to the New Normal — Faster: A Sustainable and Resilient Restart

11:17 10 July in Risk Analysis, Risk Management by admin

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The coronavirus lockdown is a great opportunity to reevaluate business practices, reach new markets and grow. Find out how to do so safely here....

The Ultimate Risk: Pandemics

16:19 15 April in Risk Analysis, Risk Management by admin

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We all knew it was coming, so why did we fail to prepare for Covid-19? This article explores how Black Swans and Groupthink phenomena exacerbated the coronavirus outbreak. And what we can learn to prepare for the next one....

The Personality Spectrum: Are You A Risk Taker?

08:58 03 April in Risk Analysis by admin

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Science is increasingly telling us that we have multiple personalities on a personality spectrum. There are multiple versions of ‘you’ inside your own head. Whichever personality ‘you’ are depends on many different circumstances – such as what mood you are in, the environment you are...

The Union Flag and the European Union flag over Parliament in the UK

The Countdown To Brexit: How The Government Can Effectively Prioritise And Deliver Preparedness Projects In A Rapidly Reducing Time frame

15:37 20 August in Brexit, Risk Management by admin

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The government must prioritise its Brexit preparedness projects with utmost efficiency if it wishes to deliver them before the deadline next March. Read how this can and should be done here....

Accurately quantifying risks

11:39 20 August in Risk Analysis by admin

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Read on and learn how to accurately quantify risks; explore why traditional risk management methods are not as effective as people might believe, and what it is that can be done about it for effective risk management....

Where Risk Management Fails and How to Fix It

11:15 20 August in Risk Management by admin

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In this post, we're going to look at where risk management fails and what you can do in order to fix it. read on to find out more....

Why TSB’s risk management strategy failed

18:21 08 June in Uncategorised by admin

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A number of commentators have pointed out that TSB chief executive Paul Pester’s love of surfing and triathlons should have made him well-placed to cope with adversity and sudden shocks – such as the sudden and total IT failure which has seriously dented his company’s...

Brexit: What are the risks of groupthink sinking your business?

09:00 06 June in Brexit by admin

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If Theresa May, as predicted, wins the General Election on the 8th June and strengthens her majority and mandate in the House of Commons, then we can expect the official negotiations for Britain's exit from the EU to begin in earnest. In deciding its own goals...

Risk management – I just don’t get it.

13:04 24 March in Business by Keith Baxter

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Ever heard that statement? Normally what they really mean is “I get it, but why does it have to be so formal?” The deciding factor on how much formality is appropriate should be based on the size and complexity of the project or programme. In ABCD...

Fast Track your career using Risk Management

10:23 23 September in Business by Keith Baxter

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The "Fast-Track to Success: Risk Management" is now published and available on Amazon.com andAmazon.co.uk Business is all about managing risk and taking opportunities. However, this is normally approached in an informal way which leads to highly unpredictable results. Let’s look a number of common roles in...

Issue Management ruins Risk Management

10:32 09 August in Business by Keith Baxter

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Issue management is a natural and essential part of project management. But if it is not set up correctly, it will compromise or even completely undermine your risk management. Defining issues and risks is not as easy as it looks On the surface, it’s quite clear: an...

Where is the value in risk management?

12:44 13 April in Business by Keith Baxter

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It always starts the same way – “So what is it that you do, risk management? So you work for a bank?” Err no. “So you are in insurance?” No not quite. “Health and safety?” Definitely not!" So what exactly is “risk management” and where...

Africa – Where risk management really can be a matter of life or death (Part 2)

11:42 12 February in Business by Keith Baxter

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[blockquote text="Last week we looked at the first part of our trip to Kenya to see how Oxfam approach the subject of project and risk management. You can read the first part by clicking on the link at the top of this page -...

Africa – Where risk management really can be a matter of life or death (Part 1)

12:25 05 January in Business by Keith Baxter

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[blockquote text="Last week De-RISK started a new engagement with Oxfam GB (Horn East and Central Africa Region) to look at how the risk management techniques we have successfully employed in big corporations might be adapted for use in their work programmes. This blog diarises...

Extreme Risk Management – Mountaineers and Project Management

12:42 30 December in Business by Keith Baxter

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This article was originally published in Project Manager Today in April 2008. We all know that mountaineers take extreme risks but perhaps it’s not as simple as it seems. Good mountaineers are certainly superb risk managers but the nature of the terrain, conditions and competency...

Strategic Risk Management – Taking the Long View

13:10 09 November in Business by Keith Baxter

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"Strategic Risk Management - Taking the Long View" Most companies have risk management processes in place, but there is too much focus on...

Enterprise risk management – Science fiction or reality?

13:11 09 October in Business by Keith Baxter

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Enterprise risk management (ERM) is the Holy Grail in many organisations. Recent events have made ERM even more desirable in some businesses but is this achievable in reality or just science fiction? What is Enterprise Risk Management?Enterprise Risk Management (ERM) is a process by which the total...

A group all thinking alike -- groupthink

What Is Groupthink? The Theory, Psychology, and Symptoms of a Risk Phenomenon

13:20 10 September in Groupthink by Keith Baxter

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What is groupthink? The word ‘groupthink’ refers to a strange phenomenon that happens when people come together in groups to make important decisions. It is what happens when a group of well-intentioned, experienced and intelligent people come together and collectively make bad decisions. Groupthink applies whenever people...

Risk Management – Positively Useless?

13:30 11 August in Business by Keith Baxter

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Many of you will be familiar with ABCD risk management and its benefits. But have you really thought why it is so effective when compared to "traditional" risk management approaches? To explain this you really have to consider the psychology behind traditional risk approaches...

Avoiding Black Swans

13:35 15 July in Business by Keith Baxter

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n 2008, Nassim Nicholas Talib published a book called "The Black Swan". A Black Swan is defined as being an event which has three characteristics; it is highly improbable, has massive impact and, in a strange way, appears almost inevitable after the event! Due...

Risk as a Competitive Differentiator

13:42 20 June in Business by Keith Baxter

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Many sales professionals will shy away from the subject of risk, preferring to play down or deliberately ignore the inherent risks in their proposals. Good sales professionals will realise that risk can be turned around to become a massive competitive differentiator and the way...

About

13:44 10 June in Business by Keith Baxter

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Keith Baxter is an internationally renowned expert in enterprise risk management. Keith is the Managing Director of De-RISK Ltd and the blog is an insight into how his mind works....

De-risking the Downturn

13:46 23 May in Business by Keith Baxter

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What role does risk management have to play in a recession? After all it was a failure of risk management that created this situation in the first place, wasn't it? Well partly - there were a lot of bad decisions made on the back of...

If your stakeholder team is 10 or more people, the likelihood of the project failing to meet its objectives increases

Delivering risky projects in a post COVID world

Why QSRA Doesn’t Work – and how to fix it

Bear Traps and Pit Falls: Traditional risk management – and why it fails to deliver

Getting to the New Normal — Faster: A Sustainable and Resilient Restart

The Ultimate Risk: Pandemics

The Personality Spectrum: Are You A Risk Taker?

The Countdown To Brexit: How The Government Can Effectively Prioritise And Deliver Preparedness Projects In A Rapidly Reducing Time frame

Accurately quantifying risks

Where Risk Management Fails and How to Fix It

Why TSB’s risk management strategy failed

Brexit: What are the risks of groupthink sinking your business?

Risk management – I just don’t get it.

Fast Track your career using Risk Management

Issue Management ruins Risk Management

Where is the value in risk management?

Africa – Where risk management really can be a matter of life or death (Part 2)

Africa – Where risk management really can be a matter of life or death (Part 1)

Extreme Risk Management – Mountaineers and Project Management

Strategic Risk Management – Taking the Long View

Enterprise risk management – Science fiction or reality?

What Is Groupthink? The Theory, Psychology, and Symptoms of a Risk Phenomenon

Risk Management – Positively Useless?

Avoiding Black Swans

Risk as a Competitive Differentiator

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De-risking the Downturn

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