The Project Management Institute guide to strategic risk management
According to Project Management Institute’s (PMI) 2018 Pulse of the Profession® report, 9.9% of every dollar spent on projects is wasted, a trend that has seen no improvement for several years. The same report showed the best performers waste 21 times less money than the worst performers, illustrating just how important effective project management approaches can be.
Few elements of project management contribute more to improvement than risk management, which is often treated as an afterthought. Yet it’s an aspect of project delivery to which the team can all contribute, and it delivers immediate benefits, if done effectively.
The PMI Guide to Strategic Risk Management, in collaboration with Deltek, provides a practical approach to improve the management of risk for all those involved in project planning and delivery.
The PMI guide includes:
- The importance of risk management
- Investment in risk management
- Data management
- Best practices to create risk management strategy
Click here to download the PMI Guide to Strategic Risk Management.
--Deltek 14:57, 15 Jul 2021 (BST)
Featured articles and news
Tackle the decline in Welsh electrical apprenticeships
ECA calls on political parties 100 days to the Senedd elections.
Resident engagement as the key to successful retrofits
Retrofit is about people, not just buildings, from early starts to beyond handover.
What they are, how they work and why they are popular in many countries.
Plastic, recycling and its symbol
Student competition winning, M.C.Esher inspired Möbius strip design symbolising continuity within a finite entity.
Do you take the lead in a circular construction economy?
Help us develop and expand this wiki as a resource for academia and industry alike.
Warm Homes Plan Workforce Taskforce
Risks of undermining UK’s energy transition due to lack of electrotechnical industry representation, says ECA.
Cost Optimal Domestic Electrification CODE
Modelling retrofits only on costs that directly impact the consumer: upfront cost of equipment, energy costs and maintenance costs.
The Warm Homes Plan details released
What's new and what is not, with industry reactions.
Could AI and VR cause an increase the value of heritage?
The Orange book: 2026 Amendment 4 to BS 7671:2018
ECA welcomes IET and BSI content sign off.
How neural technologies could transform the design future
Enhancing legacy parametric engines, offering novel ways to explore solutions and generate geometry.
Key AI related terms to be aware of
With explanations from the UK government and other bodies.
From QS to further education teacher
Applying real world skills with the next generation.
A guide on how children can use LEGO to mirror real engineering processes.
Data infrastructure for next-generation materials science
Research Data Express to automate data processing and create AI-ready datasets for materials research.
Wired for the Future with ECA; powering skills and progress
ECA South Wales Business Day 2025, a day to remember.
AI for the conservation professional
A level of sophistication previously reserved for science fiction.
























