The Project Management Podcast - How Risky is Your Project? Overall Project Risk Explained | Episode 273

https://www.pm-podcast.com/273. This week we continue our journey into risk management in project management with a second interview that I did with Dr David Hillson (http://www.risk-doctor.com). We will discuss “overall project risk”, which is different from “individual project risks”. At the center of our discussion is the situation when your project sponsor or client asks you “How risky is this project?” This is a question you might get about risk management in agile projects too, as clients want to know what their exposure is regardless of the methods or techniques used in the delivery. The concept of “overall project risk” is mentioned in the PMBOK® Guide as well as the PMI Practice Standard for Project Risk Management, but it seems not too well understood and few project managers are using it. So let’s change that. As you’ll hear in our conversation, David will be presenting on this topic at an upcoming PMI Congress shortly after we recorded this interview. He has made his paper available to us all and you can download a PDF version right here... I also recommend that you read the following paper from David: http://risk-doctor.com/pdf-files/ADV05.pdf And of course you can always stop by at the David Hillson Author Page on Amazon, where you will find all the books he has published.