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Chaya Bosters
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Yes, it improves decision-making and ensures more cohesive risk responses across the project team.
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Manage stakeholder risk appetite and attitudes
Yes, leveraging sponsor influence to remove obstacles is often crucial for keeping the project on track.
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Compare and contrast the roles and responsibilities of the project team and the project sponsor.
This blog post is very insightful. Kudos!
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Utilize the claims process and key intervention points to reach early resolution
Mitigation reduces the impact or likelihood of a risk, while transfer shifts the risk to a third party, like insurance.
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Plan risk response
Just wondering, how often should a risk communication plan be revised?
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Define a risk communication plan
Excellent post! The guidelines for financial benefits estimation are very clear.
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Estimate the high level financial and nonfinancial benefits of the program in order to obtain/maintain funding authorization and drive prioritization of projects within the program.
Yes, and don't forget to involve key stakeholders in the review process to ensure all perspectives are considered.
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Confirm risk thresholds based on risk appetites
Consistent risk assessment meetings are vital for keeping everyone aligned.
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Iteratively assess and prioritize risks
I would like to see more on conflict resolution techniques.
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Apply approaches to overcome resistance and secure support through high impact communication
Using historical data for risk assessment can improve risk forecasting accuracy.
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Aggregate and summarize risk data, and update project documents
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