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Identifying and Managing Project Risk, 3rd 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 believe it is possible. 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. Even when the verdict of the risk assessment is negative, 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 whether 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 ...

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