ABSTRACT

This chapter provides together the common themes for identifying risks and formulating strategies in each type of project. It begins with reviewing the framework for project risk management contained in the PMBOK® and suggesting a checklist of inputs to project risk identification. However, business development projects are almost completely customer-focused, but only featured twice in a set of 10 risk strategies. It may be that the focus is only on customers and few other stakeholder groups present high risks. In the relocation example, stakeholder analysis revealed key groups of people who need managing closely in a new site project. Human Resource Management type of strategy featured most strongly in acquisitions, IT projects and relocation. In IT projects and events management there are many more stakeholder groups with diverse interests to manage. The link then is an issue of knowledge management, with information sharing as the key.