Issue link: https://read.uberflip.com/i/1488707
Risk = Uncertainty that matters. Even the most comprehensive plan will present itself with risk that no one saw coming. So, what do you do? First, do not panic. Unforeseen risk will happen. There is no getting around it, and in some instances, it will not pose the negative impact expected. As always, return to the basics. When a potential risk is identified—no matter how insignificant it might seem—pull together key stakeholders and team members to map a risk management plan that walks through risk assessment, mitigation, status, and resolution. Once this is in place, make sure to incorporate the new risk and mediation plan into the overall project plan for complete transparency on any ripple effect it will have into other key milestones. Risk management best practices are enacted not only to identify and plan for risk but also to calculate the uncertainties and predict the influence they will have on a program. Only when potential risks are properly managed in a "push one button" real-time PMIS will owners realize the full visibility of potential budgetary and schedule impacts on a program. With a specialized project risk assessment and risk mitigation plan, you will never have to worry about being blindsided by surprises. Kahua | www.kahua.com 04 Unforeseen Risk… What Do You Do? Designed with you in mind | Kahua provides a configurable, cloud-based collaboration solution to facilitate the exchange of data, documents and workflows to match the way you work. Kahua allows rapid deployment of purpose-built capabilities to meet your specific requirements. This means you can get started quickly, run your business at peak efficiency today and rapidly adapt or extend the solution to meet changing business requirements in the future. Kahua conforms to your business – not the other way around. With Kahua, you gain consistency across projects and programs, allowing you to tailor to differences where needed, while leveraging data across all projects so you can continually enhance your business. From mega projects and programs, to multi-site roll-outs and work orders, Kahua is agile and scalable to meet the requirements of your organization. Want to learn more? Contact us today at: connect@kahua.com