Why You Should Use Risk Registers or a Risk Breakdown Structure on Your Project

Posted by in Risk Breakdown Structure, Risk Breakdown Structure Tool, risk management tool, risk register tool

Risk management is constantly evolving. Newer technology may have the ability to eliminate some risks, but they present us with new ones. Essentially, we will never be able to fully rid ourselves of risk on any given project. There will always be a risk of spending too much, poor decision making or poor outcomes. Every project carries its own set of risk – sometimes to the tune of millions of dollars. The Importance of a Risk Breakdown Structure The entire point of risk management is to mitigate risks. Since we…read more