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RISK ASSESSMENT & MANAGEMENTAlthough successful projects make the company successful, only a small fraction of all projects is actually successful. The vast majority of projects struggle with cost overruns, significant delays, and lack of resources. ![]() Good risk management must meet several conditions. • When performing "Schedule Risk Assessment", the used method must be quantitative; • The input must be objective; • Project teams must have experienced Subject Matter Experts available; • A risk mitigation/management plan need to be available; • The Executive Board should visibly support risk management. Risk management leads to a better understanding of the project planning and status. It facilitates better decision making. It will enhance communication in project teams and will contribute to the growth of knowledge within the organization. ![]() Maetriq performs the steps necessary to make project risks transparent: • Analyzing and quantifying project risks; • Performing risk assessments and reporting; • Developing risk management plans; • Providing risk management training. |
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