Risk In Complex Operations

Risk Management Tools

Simplifying risk management

Providing risk management tools for better and simpler risk management.

Risk Education

Teaching through examples

We post examples of projects with

different risk scenarios and analyse what went wrong.

Read the latest RICO post

Where is my Bulldozer?!

This case study – which is said to be true – is about a project manager, hired by a mining company to build a 3-mile road to the mining site. Upon completing stage 1, the company wants to celebrate. Not with a scissor and ribbon no, with bulldozer and ribbon...

Scenario risk analysis

A scenario risk analysis is almost just a brainstorm on steroid... But it has some advantages. It focuses on ONE scenario with however many details you want in that scenario.

Brainstorming risk

A brainstorm is a well known technique for generating ideas. This fact can be exploited for benefits in the risk management sector. As even a risk manager needs ideas for how to handle risk...

risk management

It does not have to be time consuming, complicated and expensive. But unfortunately it is most of the time… Especially in complex projects!

That is why we use risk management tools!

In risk management there is a number of tools, or methods, one can use to identify, rate and mitigate risk. These methods are a combination of simple and inexpensive ones, such as a brainstorming exercise. To the more complicated, expensive and time consuming ones, such as organisational risk governance and organisational risk communication.

The latest about risk management tools

Educational Examples

With educational examples, our goal is to present the reader with situations or projects where a risk became an incident. By analysing what went wrong and what should have been done, we can hopefully provide valuable knowledge to the reader.

What went wrong

In these educational examples we present a case where a specific project or part of the projects have gone wrong. We try to examine where the “point-of-no-return” is (i.e., where the risk became an incident).

What should have been done

Then, when we know where the project went wrong, we will go back in time before the “point-of-no-return” and see what could have been done differently to avoid the risk becoming an incident.

What can we learn

By doing so, we can provide valuable knowledge and “experience” to, hopefully, get your critical thinking going, so you can avoid the same incidents in your projects!