September 9, 2017 | Insights | Denise Gifford

Entrepreneurship and the Risk of Confirmation Bias

How wishful thinking can be dangerous to your business

It seems that starting a business has never been easier. Social media and crowd funding are just a couple of the developments that have eased the way for entrepreneurs. With online tools, an entrepreneur can now set up shop and …

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  • August 28, 2017 | Insights | Dr. David Hillson

    Business Uncertainty: Threat or Opportunity?

    When done right, risk management is a critical factor in business success

    Plato is quoted as saying that “The problem with the future is that more things might happen than will happen.” Or as Pliny said, “The only certainty is that there is nothing certain.” Nowhere is this more evident than in …

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  • August 17, 2017 | Knowledge | Helen S. Cooke

    The Importance of Risk Management Plans in Project Management 

    Project managers should not only have them, but update them continually

    Assessing risk is an important part of a well-managed project, and project managers and team members should have a risk management plan in place from the project’s outset. Projects, in and of themselves, are risky endeavors because the project often addresses a critical need, resolves an existing …

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  • July 31, 2017 | Knowledge | Helen S. Cooke

    Five Strategies for Successful Stakeholder Management

    How to manage complex projects while keeping stakeholders happy

    Anyone who works in project management knows that a lot of planning goes into preparing a project team to do its work, before the project itself even begins. Deliverables are spelled out; estimates are made regarding how long the project …

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  • July 10, 2017 | Insights | Helen S. Cooke

    Project Managers Must Also Be Risk Managers 

    Ability to assess risk can improve project management outcomes 

    Some people seek out risk while others avoid it. Likewise, some organizations tolerate risk while other organizations minimize it. Whatever one’s particular strategy, we all face risk in our personal and work lives on a daily basis, and how we react to risk distinguishes those who are effective project managers from those who are less effective. In …

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