Challenges in managing risk
Risk Management • 3m 2s
As the author of the latest version of Management of Risk guidance (version 4) Ruth Murray-Webster gives us insight into the challenges faced by organisations in getting risk right. She talks about protecting value and balancing objectives. She discusses what makes risk management work: Scales, and calibration of these scales and recognising biases that can affect risk decisions.
Up Next in Risk Management
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Risk and issues on programs
Here Rod talks about how to develop a culture that is open to risks and issues, correctly connects to corporate management strategy and gives some tips that are designed to help leaders within programs effectively manage risks and issues.
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Building a game plan for disruption
Building a game plan for disruption is the core of a new book Ruth Murray-Webster has co-authored, to provide information about what traits they would expect to see in those organisations wanting to disrupt or have a fear of being disrupted. These are straight forward and useful for any organisation
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The complexity cliff
Andy Murray, the Executive Director of the Major Projects Association, underscores the complexities inherent in handling major projects and offers insights on managing these complexities.
Andy advocates for two primary approaches:
Simplification: This involves stripping down a project to its es...
