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Monitor risk through residual risk and risk velocity

Monitor risk through residual risk and risk velocity

by dowen@thinkablepartners.com | Aug 9, 2023 | Risk Management

Projects are always fighting against the clock – it’s all about focussing on what matters most. As a Program or Project Manager we recommend keeping two key indicators on your radar – ‘Residual Risk’ and ‘Risk Velocity’. Lets say...
Make sense of complex risks using the Risk Bowtie

Make sense of complex risks using the Risk Bowtie

by dowen@thinkablepartners.com | Jul 18, 2023 | Risk Management

Identifying and understanding risk for major projects can be challenging. The complexity and scale of what is being delivered result in a complex and interrelated set of risks that need to be managed. Using the risk bowtie method, you can systematically approach and...
Identify the root causes of complex risks

Identify the root causes of complex risks

by dowen@thinkablepartners.com | Jul 12, 2023 | Risk Management

Risk root cause analysis (RCA) is the key to understanding your project risks on a fundamental level. Getting to the root cause means knowing what basic drivers may have an impact on your project and it’s likelihood of success. The artform of RCA is then knowing...
Communicate complex risks to senior executives

Communicate complex risks to senior executives

by dowen@thinkablepartners.com | Jul 6, 2023 | Risk Management

Navigating Complex Project Risks with Strategic Insights Complex projects come with a large number of complex risks. With limited timeframes, it’s critical to present these risks to senior executives in a way that is both quick to understand and effective. Using...
Identify risks using program logic

Identify risks using program logic

by dowen@thinkablepartners.com | Jun 28, 2023 | Risk Management

This article provides a starting point for identifying risk in Australian government programs. Programs are based on the following fundamental logic: We want to achieve ‘xyz’ Outcomes (positive impacts and benefits) To do that, we need to implement...

Recent Posts

  • A better way to manage project actions
  • Monitor risk through residual risk and risk velocity
  • Make sense of complex risks using the Risk Bowtie
  • Identify the root causes of complex risks
  • Communicate complex risks to senior executives

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