Read article: Risk Assessments Provide Limited Value – Geary Sikich

https://insights.cermacademy.com/260-why-risk-assessments-provide-limited-value-geary-sikich/

Why This Matters: This is a course on Project Risk Management. You may ask: Why are you reading articles about the challenges of risk assessments. Remember the previous article called Risk Assessment is a Thermometer Not a Crystal Ball. Both numerical and visual risk assessments pose challenges.

Many individual contributors, team leads, project managers believe that a risk assessment is truth or represents real critical challenges in a project not being able to meet an objective.

It’s critical to remember that ISO 31000 and each element in the framework needs to be tailored to the organizational context.

Project Question: We want to provide a balanced point of view. What do you think of this article?

To get back to the Project Risk Management course once you’ve read the article, click on the back button on your search browser.