For the second year Active Risk was a proud Supporter of World Risk Day.
 
This year’s World Risk Day event in mid-May was themed “Shattering The Project Myth”. It built on last year’s success, attracting over 3,200 registrations for the 10 webinars that made up the Virtual Summit on the day.
 
World Risk Day is a truly global event with sessions covering the time zones. It’s great to have people involved from around the globe, but that means that not everyone can see all the presentations on the day. The good news is that the webinars are now available On-Demand here for you to watch whenever you wish.
 
I’ve also recorded a short overview video which summarizes the key messages from the whole day which will help you decide which sessions are most appropriate for you to watch On-Demand. Take a look here.
 
Here’s my summary of the 10 takeaways from World Risk Day 2013.
 

  • Project success is not delivered by just a focus on cost and schedule alone
  • There is a difference between the riskiness of a project and the sum of risks on the project
  • Risk and opportunity are two sides of the same coin – and should be handled together
  • Risk Management should be about improving business performance – not compliance-driven
  • Risk Management needs to be simple, valuable and personal
  • It’s a win-win for owners and contractors to collaborate
  • Spreadsheets are NOT the solution to Risk Management
  • There needs to be a renewed debate about the relationship between public and private sector to create the right environment for successful major infrastructure projects
  • Effective Risk Management can help you make more informed decisions on which projects to undertake – which improves delivery, budgets and margins
  • Risk Management is not a quarterly process – it’s an everyday activity
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    We’ll explore these themes in our blogs over the next few weeks. I’d love to hear your views and whether you agree with my selection.

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