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Identifying and Managing Project Risk, 2nd Edition by Tom KENDRICK

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Chapter 14

Conclusion

“Whether you think you can do a thing, or not,you are probably right.”—HENRY FORD

Risk management processes provide a way to learn whether your project is feasible—whether you should think you can do it. A feeling of confidence, based on credible information, is a powerful determinant of success, and project risk information is a key source of the data that people need. When the verdict of the risk assessment is poor, it leads you to better alternatives.

This book contains a wide range of ideas and techniques for project risk management. It is fair to ask if all of these are always necessary, and the answer is simple: No. Each is essential to some projects at some times, but it is hard to imagine any project that would benefit ...

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