Risk Pitfalls

We assess risk constantly in our daily lives, like when we cross the street. So why don’t we do the same for our projects? 

In today's episode, Steve and Anouck delve into risk analysis for IT projects. Steve brings extensive experience, while Anouck is keen to learn new things. As we explored this subject, we realized that we perform risk assessments more frequently than we acknowledge, although not always as thoroughly as we should—but nobody's perfect. 

Executing a thorough risk analysis for IT projects can uncover often missed insights. Steve introduces Anouck to an essential tool: a risk assessment table that evaluates both the probability and impact of risks. Assigning scores to each risk helps you understand how they might affect your organization. 

Once you've identified the risks and their scores, it's crucial to consider mitigation strategies, such as rollback plans, potential impacts, and actions required to address each risk. While a user’s initial choice may not always be optimal, it provides a valuable starting point to grasp what users want and need.