Risk Management in a Downsized Environment

David F. Connors, PMP

PM Network 41 (June 2001)

Think about managing a project in a recently downsized environment. The normal reaction is to register concern that key individuals have been eliminated or have left voluntarily ... they were, of course, the ones with the most options and greatest mobility. After the fact, we resize to validate our baseline and key assumptions. How can we perform all the creative tasks that we have committed to the stakeholders? Will we be able to recover from the losses and maintain our commitments? Do we still have a core group of design and development personnel that can complete the project on schedule and within budget? Where are our exposures? What adjustments ...

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