Dr. David Hillson

February 20, 2019 | Insights | Dr. David Hillson

Top Ten Risk Myths

Since the dawn of time, mankind has used myths to make sense of the uncertainty that surrounds us. More recently, in the world of business and projects, risk management has performed the same role. Unfortunately, myths have also grown up …

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  • October 24, 2018 | Insights | Dr. David Hillson

    Why Risk Includes Opportunity

    opportunities are important and need to be captured where possible

    Current risk management standards and guidelines use broad definitions of “risk” that encompass both threat and opportunity, but many people still find it difficult to understand why “opportunity” is included in the definition. And without understanding the reasons, there is …

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  • September 26, 2018 | Knowledge | Dr. David Hillson

    Managing Both Sides of Risk: Threat and Opportunity

    Opportunities and threats are both uncertainties that matter

    The ability to manage risk effectively is recognized as an important contributor to business success, which is why it has become an essential part of the manager’s toolkit. Risk-based thinking is permeating the boardroom and discussions within executive committees as …

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  • May 28, 2018 | Knowledge | Dr. David Hillson

    A Little Project Risk is a Good Thing

    risk shouldn't be feared if it's managed properly

    The novice project manager might be worried to learn that her project contains risk. Surely risk is “A Bad Thing,” and it would be better if her project had none? But her more experienced colleague would explain that there are …

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  • February 15, 2018 | Knowledge | Dr. David Hillson

    What is a Risk?

    Identifying real risks is critical for effective risk management

    The purpose of risk management is obviously to manage risks. But one of the most common failings in the risk management process is for the risk identification step to identify things that are not risks. If this early stage of …

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  • January 8, 2018 | Knowledge | Dr. David Hillson

    Two-Faced Risk Management

    The benefits of lessons learned

    Welcome to 2018! In many languages the month January is named after Janus the two-faced Roman god of doorways, and the start of a new year is traditionally a time for review, looking back at the past 12 months and …

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  • October 19, 2017 | Knowledge | Dr. David Hillson

    Optimize Project Performance using Risk-Based Stakeholder Analysis

    Are your stakeholders advocates, hindrances, or something in-between?

    Most project managers understand that stakeholders possess and exercise various forms of power in the context of a project. The position adopted by stakeholders is likely to have a significant effect on whether or not a project succeeds, and stakeholders …

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  • September 21, 2017 | Knowledge | Dr. David Hillson

    Ten Things Every Business Needs To Know

    Risk and uncertainty are a part of business. Here’s how to face them head-on.

    Everyone knows that “business hates uncertainty.” Uncertainty poses clear threats to business, but it also contains significant opportunities. Sources of uncertainty must be understood so that these threats and opportunities can be effectively managed, allowing us to avoid and minimize …

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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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