Articles - Cost/Financial Management en-us http://www.decium.co.uk N/A http://www.decium.co.uk poppy.maderson@decium.co.uk 20 http://www.decium.co.uk/articles/11/1/Risk-Management-for-Dummies/Page1.html Risk management (RM)…we've all heard of it…we can all describe the difference between risks and issues…but how many of us do more than create a spreadsheet (or equivalent database) which we update sporadically...how many of us when faced with the question …"Do you do Risk Management?" …reply, almost defensively, with a resounding YES…but do we secretly think that we could do more?...do we actually feel that RM is a worthwhile undertaking or just an additional management burden on your project/programme? Well I'd like to outline, in a few short pages, how I believe you can turn RM around to create real value in the project environment, get buy-in from your senior management and implement something that not only helps you estimate your work better but also helps you manage you budget far more effectively… Sound like an impossible task in a few pages? Well to be honest, the rules of successful RM are small in number and relatively simple to implement…. michael.c.cooch@accenture.com (Michael Cooch) Sun, 08 Jul 2007 23:00:00 +0000