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Risk - The Complete Tool Set
Personal Risk
This is our favorite. Those people who have worked with our group and those who have read our various books and articles know that our group is completely focused on the people who work on projects and the use of radical project management models (see Radical Project Management) to empower people to do what they aspire to - that is, to do good work, learn and have fun.
When evaluating a project, great project managers should examine a number of risk factors that they will face personally by undertaking the project. These include:
- the degree of skill/competency stretch required;
- the impact on your reputation;
- the impact on your health;
- the emotional impact;
- exposure to personal litigation;
- potential ethical and/or professional compromise required; and
- impact on your family and/or significant others.
Of course, experienced project managers would always undertake this risk assessment informally. However, this more formal process of assessment could get you to rethink.