The managing risks in projects has become increasingly significant today due to the vibrant and dynamic project environments experienced by project managers. A risk is anything that could potentially impact your project’s timeline, performance or budget, and the proper implementation of Project risk management procedures, which contain basically identifying, analyzing and then responding to any risks that arise over the life cycle of a project will immensely benefit the project team to successfully achieve the project objectives within the estimated time and budget limits.
Risk management is focused on anticipating what might not go to plan and putting in place actions to reduce uncertainty to a tolerable level. The project risk management process reflects the dynamic nature of project work, capturing and managing emerging risks and reflecting new knowledge in existing risk analyses.
We, The Six Consultancy serve with project risk management which covers establishing project risk management procedures, developing custom made templates & formats, producing periodical risk assessment reports, provide recommendation for reducing risk scores, etc.