In another post I had said that there were three ways to deal with risks. You could take them on yourself, you could get someone else to take care of them or you could try to dodge the risk entirely by not putting yourself in a situation where you could be exposed to it.
In this post I want to talk about the first choice. If you take on the risk yourself, what are your options on what to do with it? Continue reading →
You probably came across many instances where risk is highlighted as a value that you need to incorporate in your projections and assessment of projects before you decide to proceed. So how do you calculate your risk tolerance and produce it as an actual percentage? Let me show you.. Continue reading →
When you are preparing for things that might go wrong in your project, you have to determine how unknown or likely some problems are going to be. This is useful and I will explain why Continue reading →