Part IV Risk Management Implementation

Tornadoes are caused by trailer parks. Try to know in advance where the trailer parks in your business are located. They seem to attract trouble.

—Norman R. Augustine

Part IV provides an approach for planning and performing risk management on a project. Planning for risk management is described in Chapters 14 through 16. Performing risk management is described in Chapters 17 and 18. In each chapter I discuss who is responsible, where to find opportunities, when to take action, and why this is the recommended approach.

Chapter 14, “Establish the Initiative,” contains a checklist of steps to establish risk management on your project. Read Chapter 14 to understand how to respond to project requirements for ...

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