The ultimate purpose of risk identification and analysis is to prepare for risk mitigation. Mitigation includes reduction of the likelihood that a risk event will occur and/or reduction of the effect ...

Because risk is a part of any project, an important role of the project manager is to identify and control it. Without any control, risks can become disasters, causing delay, unnecessary expenses and ...

Your project is on schedule, until legal reviews take way longer than anticipated. You find out—too late—this exact situation happened with another a project a few years ago. Sound familiar?

NEW!This course will provide you with an overview of the Risk Management Approach and Process followed throughout the Technical Cooperation Project Life Cycle.You will learn about the importance of ...

I’m not one who enjoys taking risks. I don’t like gambling, I’m not a fan of extreme sports and I’ve never hitchhiked. Perhaps this is why I’m so passionate about risk management. As a practicing ...

Suggested Citation: "Appendix B: Literature Review." National Academies of Sciences, Engineering, and Medicine. 2025. Risk Management at State DOTs: Building Momentum and Sustaining the Practice.

Highway projects come in a variety of sizes and complexities. They are designed and built in an environment that is fraught with uncertainty. These projects have the potential for schedule delays, ...

The Army is launching Project Sentinel to adapt the current Risk Management Framework (RMF) process into a streamlined threat-informed risk decision process. The Army adopted the Risk Management ...