Effectively addressing risks means at the start of each project every project manager should develop and implement a risk management strategy, plan, and tools. But being able to decide which risks ...

Because risk is a part of any project, an important role of the project manager is to identify and control it. Without any control, risks can become disasters, causing delay, unnecessary expenses and ...

Your project is on schedule, until legal reviews take way longer than anticipated. You find out—too late—this exact situation happened with another a project a few years ago. Sound familiar?

Two other factors that should be considered when assessing the commercial risks to specific E&P projects are influenced by the project's maturity. These are: 1. The uncertainty associated with ...

Risk-free business ventures do not exist. Projects can fail, clients can default and workplaces entail physical danger, to name just a few potential problems small business owners face. A balanced ...