The Project Management Institute guide to strategic risk management
| The PMI guide to Strategic Risk Management, entitled ‘Ineffective Risk Management – That’s Risky!’ provides those involved in project planning and delivery with a practical approach to effective risk management. | 
|
According to Project Management Institute’s (PMI) 2018 Pulse of the Profession® report, 9.9% of every dollar spent on projects is wasted, a trend that has seen no improvement for several years. The same report showed the best performers waste 21 times less money than the worst performers, illustrating just how important effective project management approaches can be.
Few elements of project management contribute more to improvement than risk management, which is often treated as an afterthought. Yet it’s an aspect of project delivery to which the team can all contribute, and it delivers immediate benefits, if done effectively.
The PMI Guide to Strategic Risk Management, in collaboration with Deltek, provides a practical approach to improve the management of risk for all those involved in project planning and delivery.
The PMI guide includes:
- The importance of risk management
- Investment in risk management
- Data management
- Best practices to create risk management strategy
Click here to download the PMI Guide to Strategic Risk Management.
--Deltek 14:57, 15 Jul 2021 (BST)
Featured articles and news
How can digital twins boost profitability within construction?
A brief description of a smart construction dashboard, collecting as-built data, as a s site changes forming an accurate digital twin.
Unlocking surplus public defence land and more to speed up the delivery of housing.
The Planning and Infrastructure bill oulined
With reactions from IHBC and others on its potential impacts.
Farnborough College Unveils its Half-house for Sustainable Construction Training.
Spring Statement 2025 with reactions from industry
Confirming previously announced funding, and welfare changes amid adjusted growth forecast.
Scottish Government responds to Grenfell report
As fund for unsafe cladding assessments is launched.
CLC and BSR process map for HRB approvals
One of the initial outputs of their weekly BSR meetings.
Architects Academy at an insulation manufacturing facility
Programme of technical engagement for aspiring designers.
Building Safety Levy technical consultation response
Details of the planned levy now due in 2026.
Great British Energy install solar on school and NHS sites
200 schools and 200 NHS sites to get solar systems, as first project of the newly formed government initiative.
600 million for 60,000 more skilled construction workers
Announced by Treasury ahead of the Spring Statement.
The restoration of the novelist’s birthplace in Eastwood.
Life Critical Fire Safety External Wall System LCFS EWS
Breaking down what is meant by this now often used term.
PAC report on the Remediation of Dangerous Cladding
Recommendations on workforce, transparency, support, insurance, funding, fraud and mismanagement.
New towns, expanded settlements and housing delivery
Modular inquiry asks if new towns and expanded settlements are an effective means of delivering housing.
Building Engineering Business Survey Q1 2025
Survey shows growth remains flat as skill shortages and volatile pricing persist.