New World, New Ways of Managing Risk
Episode description
Few project leaders saw COVID-19 coming. That points to a new mindset required to identify, manage and mitigate risks throughout the project life cycle. Gone are the days of a risk register dutifully filled out and then tucked away in a desk drawer. Guests are:
Michael O’Connor, PhD, PMP, PgMP, director, strategy and project management at Medtronic, Minneapolis: O’Connor talks about building risk management into projects from the start and communicating risk across the enterprise.
Ernest Seto, PMI-RMP, PMP, project manager, Linde Engineering, Munich: Seto discusses emerging risks teams should consider as well as how companies can create a culture of risk resilience.
Key themes
[00:56] The new risk landscape
[01:50] Mitigating risk with leadership and planning
[05:57] Creating a culture of always-on risk awareness
[10:16] Building risk resilience
[11:49] Establishing processes to track and manage risk
[14:52] Making project teams more resilient to risk