Managing risk

Managing Breast Cancer Risk

Twenty years ago there was little interest in defining personal breast cancer risk or insight into what to offer women at high risk of breast cancer. This situation has changed markedly, partly because of the discovery of the importance of mutations in predisposing genes for breast cancer and partly because of the growing realisation that there were management options that might reduce the risk...

Managing Organizational Risk Knowledge

Risk planning requires an organization global view, as it is strongly centered in the experience and knowledge acquired in former projects. The larger the experience of the project manager the better will be his ability in identifying risks, estimating their occurrence likelihood and impact, and defining the mitigation and contingency plans. However, project manager risk knowledge cannot stay i...

Managing Group Risk Attitude

Managing climate risk.

Stabilization of atmospheric greenhouse gas (GHG) concentrations at a safe level is a paradigm that the scientific and policy communities have widely adopted for addressing the problem of climate change. However, aiming to stabilize concentrations at a single target level might not be a robust strategy, given that the environment is extremely uncertain. The static stabilization paradigm is base...

The risk of risk registers - managing risk is managing discourse not tools

D rummond (2011) eloquently illustrates the Janus-head of MIS using a vivisection of risk registers, noting how, although risk registers are commonly used, they often fail. Drummond finds two root causes for their failure (1) the fog of risk and (2) the surplus reality of risk registers. Drummond first notes that risk registers compile information about the future of the world and the possible ...