Just the other day I was asked my opinion on RAID logs. I had to admit that “RAID” was a project management acronym I had not heard of. Checking the PMBOK Guide turned up nothing. I did find entries on some of the big PM sites via search. The thing is a Risk, Assumption, Issue, and Dependency log, for those of you hadn’t heard of a RAID log either. Apparently, some [Continue Reading]
Project Risk Management and the Risk Register
A critical component of any well-managed project is the discipline of risk planning and management. Risk is uncertainty concerning events which, if they occur, will have an impact on the project. Note that these impacts can be either positive or negative. The process of risk management entails planning for, identification, analysis, and controlling this uncertainty on the [Continue Reading]
