Positive Risk Management

Feb 4, 20143 likes3,275 views

The document discusses adopting a positive approach to project risk management by focusing on identifying opportunities rather than avoiding problems. It advocates looking at risks as chances to improve outcomes, deliver earlier benefits to clients, and add more value. While the core risk management processes around impacts, likelihoods and consequences remain the same, asking different questions about potentials and opportunities can spark new ideas. This positive perspective shifts the focus from "what can go wrong" to "how can we succeed."

Positive Risk Management
A positive approach to
Project Risk Management
Creative outcomes
New opportunities
Fresh ideas
Tony Adams
Leadership. Communication. Engagement.

(c) Tony Adams 2013-14
All rights reserved

Relax...it's not all Bad News
We often think of Project Risk Management as being
about "avoiding bad news".
It doesn't need to be that way.

Risk Management
can help us drive
positive outcomes
and real beneﬁts.
Tony Adams
Leadership. Communication. Engagement.

(c) Tony Adams 2013-14
All rights reserved

Getting on the front foot
Risk Management is so often reactive and defensive.
"What will we do if something bad
happens?"
"How much will it cost if
something goes wrong?"

The picture changes
when we get on the

front foot.
We see opportunities to act early and create positive change.

Tony Adams
Leadership. Communication. Engagement.

(c) Tony Adams 2013-14
All rights reserved

Opportunities for positive change
When we change our perspective...we get a different answer.
"If we don't have the right people, our delivery
will be late. We will fail."
"If we have the right people, we can deliver
early outcomes and build a richer solution. We
will succeed."

"If the Requirements aren't clear, we will
deliver poor quality."
"If the Requirements are clear, we can build even more

Tony Adams
Leadership. Communication. Engagement.

value into our product."
(c) Tony Adams 2013-14
All rights reserved

We still PLAN the same way
The fundamentals of Risk Management planning don't
change.
Impacts. Likelihood. Consequence.

We just ask
ourselves different
questions.

Tony Adams
Leadership. Communication. Engagement.

(c) Tony Adams 2013-14
All rights reserved

We just turn it round a little
Think differently. Imagine the possibilities. Ask questions.

"What does the end state look like?"

"How could this situation provide
us with an opportunity?

"Imagine how much better
things would be.."

"How much extra value will we add by
solving this problem?"

Tony Adams
Leadership. Communication. Engagement.

(c) Tony Adams 2013-14
All rights reserved

When we look forward...
Ideas ﬂow. Thoughts take shape.
Schedule
"Which milestones will mark
our successful delivery?
"What new activities will
help us create this
opportunity?"

Client
"How will we improve the way
our client runs their business?"

Function
"What additional functions
will we provide?"

Beneﬁts
"What additional beneﬁt will
we provide?"
"How will the new opportunity beneﬁt the client?"

Tony Adams
Leadership. Communication. Engagement.

"How will the new funding
improve our overall cash
ﬂow?"

Budget

"What investment will this new
opportunity require?"
(c) Tony Adams 2013-14
All rights reserved

It's not about cutting corners
Keep the same practices.

Engage the same people.

Apply the same discipline.

It's about doing them
in a new way.
Creatively.
Differently.
Positively.
Tony Adams
Leadership. Communication. Engagement.

(c) Tony Adams 2013-14
All rights reserved

Contact Me
I'm passionate about connecting with people sharing ideas and stories. So please drop me
a line.
tonyadamspm.com
Linkedin.com/in/tonyadams1
Twitter.com/tonyadams2002
Google.com/+TonyAdamsPM1
Facebook.com/TonyAdamsPM
Pinterest.com/TonyAdamsPM

Tony Adams
Leadership. Communication. Engagement.

(c) Tony Adams 2013-14
All rights reserved

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Positive Risk Management

1. Positive Risk Management A positive approach to Project Risk Management Creative outcomes New opportunities Fresh ideas Tony Adams Leadership. Communication. Engagement. (c) Tony Adams 2013-14 All rights reserved

2. Relax...it's not all Bad News We often think of Project Risk Management as being about "avoiding bad news". It doesn't need to be that way. Risk Management can help us drive positive outcomes and real beneﬁts. Tony Adams Leadership. Communication. Engagement. (c) Tony Adams 2013-14 All rights reserved

3. Getting on the front foot Risk Management is so often reactive and defensive. "What will we do if something bad happens?" "How much will it cost if something goes wrong?" The picture changes when we get on the front foot. We see opportunities to act early and create positive change. Tony Adams Leadership. Communication. Engagement. (c) Tony Adams 2013-14 All rights reserved

4. Opportunities for positive change When we change our perspective...we get a different answer. "If we don't have the right people, our delivery will be late. We will fail." "If we have the right people, we can deliver early outcomes and build a richer solution. We will succeed." "If the Requirements aren't clear, we will deliver poor quality." "If the Requirements are clear, we can build even more Tony Adams Leadership. Communication. Engagement. value into our product." (c) Tony Adams 2013-14 All rights reserved

5. We still PLAN the same way The fundamentals of Risk Management planning don't change. Impacts. Likelihood. Consequence. We just ask ourselves different questions. Tony Adams Leadership. Communication. Engagement. (c) Tony Adams 2013-14 All rights reserved

6. We just turn it round a little Think differently. Imagine the possibilities. Ask questions. "What does the end state look like?" "How could this situation provide us with an opportunity? "Imagine how much better things would be.." "How much extra value will we add by solving this problem?" Tony Adams Leadership. Communication. Engagement. (c) Tony Adams 2013-14 All rights reserved

7. When we look forward... Ideas flow. Thoughts take shape. Schedule "Which milestones will mark our successful delivery? "What new activities will help us create this opportunity?" Client "How will we improve the way our client runs their business?" Function "What additional functions will we provide?" Benefits "What additional benefit will we provide?" "How will the new opportunity benefit the client?" Tony Adams Leadership. Communication. Engagement. "How will the new funding improve our overall cash flow?" Budget "What investment will this new opportunity require?" (c) Tony Adams 2013-14 All rights reserved

8. It's not about cutting corners Keep the same practices. Engage the same people. Apply the same discipline. It's about doing them in a new way. Creatively. Differently. Positively. Tony Adams Leadership. Communication. Engagement. (c) Tony Adams 2013-14 All rights reserved

9. Contact Me I'm passionate about connecting with people sharing ideas and stories. So please drop me a line. tonyadamspm.com Linkedin.com/in/tonyadams1 Twitter.com/tonyadams2002 Google.com/+TonyAdamsPM1 Facebook.com/TonyAdamsPM Pinterest.com/TonyAdamsPM Tony Adams Leadership. Communication. Engagement. (c) Tony Adams 2013-14 All rights reserved

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Positive Risk Management

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