Risk Mgnt. - again!

David Hillson - The Risk Doctor celebrates his 10th anniversary with an update on this delicate discipline. Something has improved but there is still much to ask for he concludes in this newsletter.
You can put a little pep in a risk management process by measuring out the sum of the risks in a project - not by a number - but by delay. How much delay gives the greatest risk? and what about the second highest? etc. When we have to deal with the delay, we are forced to think about risk, problem and possible its solution in details. You can also choose money: How much will the greatest risk cost us?
It is also a fine way to cover the risks in a leader- or steering committee. They wake up when there is spoken about delays and additional costs.