Category Archives: Managing Risk

Here, you will see all the articles that have been published so far on this topic.

Risk Analysis

Risk Analysis

Risk Analysis is a process that helps identify and assess potential threats that could affect the success of a business or project. It allows to examine the risks and includes means to measure, mitigate and control them effectively. It is part of the larger process of risk management although risk management can also refer to the process of controlling and monitoring risks. Read more »»

RAID Log

RAID Log

RAID Log is a project management tool that is used to store several project information in one place. It serves as a central repository for all Risks, Assumptions, Issues and Dependencies related to a project. It allows project managers and team members to keep track of their projects, making it a useful document in regular project meetings and for audit purposes.

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Traffic Light Assessment

Traffic Light Assessment

Traffic Light Assessment is a rating system for evaluating the performance in relation to a goal. It is a good way to communicate performance information effectively, and have the advantage of being universally recognized by all nations. The indication of performance is done using the three colors of the real traffic lights (red, yellow and green). Good and poor performance can easily be identified, and appropriate decisions can be made to achieve the best performance.

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