For any project, people need to know what will be delivered, when it will be delivered, and how much it will cost. Perhaps surprisingly,...

Risks are often assessed using matrices, typically with 1-5 scores for likelihood and impact, multiplied together, and assigned a colour....

We all manage risks, whether we're aware of it or not. Every time we make a decision or think about how things might turn out in the...

There are plenty of horror stories from the world of risk management out there. I’m not talking about bad decisions, poor strategies,...

While helping organisations strengthen their risk management arrangements we’re often asked what software do we recommend for risk...

Monte Carlo analysis is a technique to help quantify the outcomes of uncertain inputs, events and assumptions, and can be used in any...

As human beings we are all different. We have different experiences, objectives, perceptions and values, and these influence the...

One of the biggest obstacles in implementing effective risk management is the mistaken belief that 'we don't have the data to be able to...

Covid19 has been a wake-up call for lots of organisations, who have had to implement major changes in extremely short timescales. In many...

We often get asked ’what software should we be using for risk management?’ and the unfortunate fact is there are many products out there...

A lot of risk managers are calling coronavirus a black swan event, meaning it to be an unpredictable large-scale event. There are two...

Risk registers are everywhere. Organisations invest considerable time, effort, and resources creating them, updating them, and reporting...

Heatmaps and risk matrices are commonly used to score risks in many organisations. But there’s no evidence to suggest they contribute to...

In many organisations risk management could be adding a lot more value. Here are some questions senior leaders should be asking their...

A lot of activities carried out under the name of ‘risk management’ are ineffective, unnecessary, and even dangerous. Here are some...

I've created this blog to share some thoughts and ideas around risk, and what they might mean for you and your organisation. I'll try and...