According to recent statistics by the Project Management Institute (PMI), nearly 70% of projects fail to meet their initial goals, deadlines, or budgets. In short, they fail to meet their objectives. This is not a new problem. Countless articles over the years have reached similar conclusions. Although some of these articles suggest reasons, they often miss...
Artificial Intelligence (AI) is a rapidly developing fact of life that will affect many aspects of a business. This article considers just one key aspect – risk management and asks is AI (as some have suggested) a panacea for risk management? Risk management is the ‘effect of uncertainty on objectives’. This ISO 31000 definition is at...
Is your risk management adding value? How do you know? Could it add more value? Risk Management ‘expertise’ has grown significantly since the release of the first standard in 1996. Although usually well-intentioned many expert’s ideas do not add value to a business. Are you a: Risk Manager struggling to get managers at all levels to...
