Project risk management - past, present and future
Posted by APM on 1st Jul 2012
As the Association for Project Management (APM) celebrates its 40th anniversary, theres a natural tendency to review the past and look to the future. This of course is the role of risk management, learning from past successes and failures, and shaping future decisions in order to minimise threats, maximise opportunities, and optimise achievement of objectives. And for over twenty-five of those forty years, the APM Project Risk Management Specific Interest Group (Risk SIG) has served APM members and the wider project management community.
For many APM members, the SIGs are where APM adds most value. Each SIG focuses on a particular aspect of project management, either a knowledge area or a specific application domain. While APM branches offer local networking, APM SIGs provide thought-leadership in specific disciplines and subsets of project management. And the first SIG to be established by APM in 1986 was the one covering the vital area of managing risk in projects. Since then the APM Risk SIG has gone from a small focus group of about a dozen aficionados to a major force in the risk community, with nearly 3000 members and growing.
As part of the APMs anniversary celebrations, we offer this small volume which reviews the activities of the Risk SIG from a unique perspective the SIG chair. The Risk SIG has been fortunate to count among its chairmen some of the main thought leaders in project risk management. An internet search of the key contributors to the field will turn up many of our chairmens names, and theyre still leading the way today. So the views from the chair contained in these pages provide a distinctive commentary on project risk management past, present and future.
Please click here to download the document.
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We make risk assessments every day, and generally we do them well. Most of us look both ways before looking the road, and in the same way most of us will survey a site before we allow our projects to start digging.