Risk Myth Busters – Unlock the myths about Risk Management Myth 1: Risk management is waste of time and money: If the head of the house hadn’t thought about safeguarding the house, his house could be ransacked or collapsed. If the health patient hadn’t thought about health insurance, the patient could spend his life savings […]
Posts Tagged ‘agile risk management’
Diamond Timeless Watch – Project without risk
Diamond watch: “Wow, that is a stunning piece of the watch,” says Mr.X “Thank you, Sir. It costs around a few hundred thousand dollars” replies Mr.Y “Oh, that is a lot of money. Can you please tell me the time?” Mr.X requested “Um, It doesn’t work but I like the diamonds on the watch” […]
Corporate Russian Roulette
The Corporate Game of Russian roulette! His last chance to spare himself and his billionaire empire is in hands of a Russian roulette game. A weapon loaded with 5 bullets and one empty chamber lies on his table in front of him. His psyche mind winds up algorithmic yet he stood steady on the white […]
Issues – The sleeping dragons?
Black swan’s companion In any fantasy story, you must have read about the dragons asleep and guarding the treasures. The dragons unknowingly defend the treasures without considering the value of it. You can imagine the massive loss of the treasure if you try to tickle the dragon. A small sneeze from the dragon that cannot […]
Risks never sleep – Be a Risk Keeper
Nothing is too low for a bear A bear doesn’t probably love to chase and hunt their prey. They are fond of any sorts of flesh and easily pick you when you are asleep. Bears can be predators even though they don’t have many enemies. Although most do not, under normal circumstances, hunt and feed […]
An Issue Cannot Become a Risk
Can an issue be a risk? Risk vs Issue : Everyone knows that a risk is an uncertain event that hasn’t happened yet has some probability of occurring in the future. An issue is an event that has already happened. Why Risk? Risk empowers us to think proactively and gives the opportunities to develop the […]
Risk in a Blink – The Power of Observation
Everyone expects for a theory or an Apple in a BLINK! When Newton’s head was bonked by an apple, his bulb just got brightened in a BLINK. He discovered the law of gravity which still exists in every school textbook. “Apple” came to Steve Jobs’ mind in a blink when he was returning from an […]
Agile Risk Management vs Traditional Risk Management
“Risk comes from not knowing what you’re doing” – Warren Buffet A college called the “Risk Management Institute” arranged a get together for their alumni students. Two close ex-classmates named AGIL and TRADY are meeting years after their graduation. They both are highly skilled RISK MANAGERS. They discuss their families, life, love, society, and stuff. […]