The Project Management Institute guide to strategic risk management

The PMI guide to Strategic Risk Management, entitled ‘Ineffective Risk Management – That’s Risky!’ provides those involved in project planning and delivery with a practical approach to effective 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)