Risk management

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Let’s build a risk management process with the help of monday.com. In our next chapter of build with us, Thomas Karlsson will help you structure and manage your risks. Trying to run a business or manage a large project can often feel like walking a tightrope. Let’s minimize the risks and be ahead of it all. Project risk management helps you identify all possible risks, figure out the worst ones, and start taking action to deal with them.

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What is project risk management?

Within project management, risk management is the practice of identifying, assessing, mitigating, or even preventing risks to a project, so you can complete it safely.

The whole idea is to predict and avert disaster before it happens, so you reach your goals without issue. It can be something as small as backing up your project files, in case a computer breaks down, or forbid an even bigger disaster. 

5 most common types of project risks:
  • Environment, safety, and health risks
  • Strategic or competitive risks
  • Scheduling and cost risks
  • Third-party risks
  • Loss of support

Let’s use monday.com to assess and monitor project risks

The monday.com’s Work OS makes it easy to build a custom workflow for handling risks that suits your company. Join Thomas when he helps you build a risk management workflow. 

Talking points
  • Structure and manage your risks
  • Helps identify all possible risks
  • What is project risk management
  • Project risk register – IDs, categories, dates, status, probability and impact. 
  • Q&A

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