Project Management Articles
ISO9001 & Risk Management
Copyright © 2008 Ed Bones
In every human endeavour there is an element of risk; personal, project or financial, or a combination of them all. The task of the responsible individual is to identify the risk and act accordingly. We all do these 'risky' things, almost daily, aware that we are taking a risk. Rather than avoiding risk we become adept at identifying it and having a strategy for dealing with it if the risk materialises. This is what risk management is about, and is a skill that is important in virtually every endeavour.
The popular misconception that risk management is difficult or complicated stems from the bureaucratic methodology of some system-oriented organisations and managers. It is neither complicated or bureaucratic, and need not be. Risk management is basically a simple proposition with a complexity dictated by the nature of the situation to which it applies - usually a project, and the parties involved. In its basic form risk management involves:
1. Identifying risk - Looking for anything that threatens the successful completion of the project against the original requirement. Risks can be environmental, organisational, technical, legal, economic or commercial.
2. Counteracting risk -...
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The Benefits of Time Management
Our society is getting faster paced with each passing year. We are all looking for ways to help us complete the things that we need to do in the shortest time possible so that we can have additional time to have for ourselves. This can get us into trouble if doing things fast means that mistakes are made. When this happens we spend additional time correcting mistakes. This can create a vicious cycle. There are times when we simply need to slow things down.
One of the best things that we can do to help ourselves is to become more organized. Organization can help us manage our time better. There are many benefits of time management. We can be more productive as well as more efficient. When we are more efficient we save time and money. Other benefits of time management involve helping the company you work for save money. This creates a happy employer and when this reflects back to you, it may mean additional compensation in money or time off.
I think all of us release the benefits of time management, but implementing the skills may be something new to us. I...
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