The problem with project risk management

Copyright (c) 123RF Stock Photos
Copyright (c) 123RF Stock Photos

The author goes into detail describing that risk management may not be very effective in combating unknowns. It is explained that it is impossible to remove all risk, and all risk management does is give guidelines for what might happen. Why not just include additional tasks to eliminate these risks. The article notes that risk management may be just a way to make excuses for failure or going over budget. Instead of risk management, why not just have plans in place for extra tasks when needed.

Read the full article here:

http://www.techrepublic.com/blog/it-consultant/the-problem-with-project-risk-management/