The ultimate purpose of risk identification and analysis is to prepare for risk mitigation. Mitigation includes reduction of the likelihood that a risk event will occur and/or reduction of the effect ...

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?

I’m not one who enjoys taking risks. I don’t like gambling, I’m not a fan of extreme sports and I’ve never hitchhiked. Perhaps this is why I’m so passionate about risk management. As a practicing ...

Discover crucial aspects of operational risk, from its causes and management strategies to examples and assessment techniques ...

The Army is launching Project Sentinel to adapt the current Risk Management Framework (RMF) process into a streamlined threat-informed risk decision process. The Army adopted the Risk Management ...

Prior to 2019, there was an ample number of insurers willing to provide renewable energy insurance, leading to plentiful, affordable cover being available for solar power project finance transactions.

Highway projects come in a variety of sizes and complexities. They are designed and built in an environment that is fraught with uncertainty. These projects have the potential for schedule delays, ...

U.S. Army Corps of Engineers assess dams and locks on the Arkansas River on June 6, 2019. (Jocelyn Augustino/Federal Emergency Management Agency) The U.S. Army Corps of Engineers studies the potential ...