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Risk Doctor Columns

David Hillson writes a regular Risk Doctor Column for Project Manager Today Magazine (ISSN 1366-6851) presenting insights, tips and guidance for those interested in applying risk management effectively to their projects. You can read or download these columns from this page.

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Column title Date/page File size Summary Click
"Training: Necessary but not sufficient"
July/August 2010
page 31-32
307 KB Many organisations expect training to produce competent staff. But training is only a small part of the solution. The PEAKS competence model provides a broad framework for developing competence in a range of roles, including managing risk.
Training: Necessary but not sufficient
"Eyjafjallajökul - A personal view"
June 2010
page 14
133 KB The recent Icelandic volcano eruption raised questions about whether the official response was appropriate. This was an example of the precautionary principle in action - what can we learn to help us manage our daily risks?
Eyjafjallajökul - A personal view
"Managing future DANGER"
April 2010
page 30
330 KB Risk management offers a forward-looking radar to scan to future and help us get ready for what it might bring. This article suggests six reasons why the future might be particularly risky.
Managing future DANGER
"The two faces of risk management"
Jan/Feb 2010
page 29
144 KB The New Year is a time for reviewing the past and considering the future. Risk management should also look back to learn lessons from the past, and look forward to get ready for the future.
The two faces of risk management
"Staying SAFE at sea - and in projects"
November 2009
page 20
107 KB A recent safety campaign promoting safety at sea for young sailors provides inspiration and insights for projects. Discover four simple steps for ensuring that your project stays afloat and reaches harbour safely.
Staying SAFE at sea - and in projects
"Risk management 20 years on"
October 2009
page 30
135 KB Much has changed in the world of risk management since the Risk Doctor started his first Risk Register in 1985. This article looks back over the past two decades and discovers that some things have changed - and some have not!
Risk management 20 years on
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"Weight management for risk-takers"
September 2009
page 24
98 KB This article uses the analogy of risk obesity to discuss ways of dealing with taking on too much risk without suffering from the equivalent of eating disorders. Find your ideal risk-weight!
Weight management for risk-takers
"Don't make the same misteak twice"
August 2009
page 47
344 KB We all want to do better, and businesses aspire to become "learning organisations". Despite this it seems that the same risks appear repeatedly in Risk Registers. Why do we not learn from our past experience? This article explores the reasons and presents a simple checklist to help us learn from the past to benefit the future.
Don't make the same misteak twice
"Problems with probability"
July 2009
page 29
162 KB Discover the four reasons why risk practitioners, management and project teams experience repeated difficulty in assessing the probability that a given risk might occur, and explore possible solutions. In particular the limitations of natural language are outlined. It is very likely that you will learn something new from this article!
Problems with probability
"Swine flu and risk perception"
June 2009
page 18
119 KB Ten factors affecting public perception of risk are outlined, explaining why we may be over-reacting to the current swine flu outbreak. Surprisingly, most of these factors are not purely rational - and they also affect our businesses and projects. Understanding them should help us to respond more appropriately to the real risks we face.
Swine flu and risk perception
"Risk management isn't hard"
May 2009
page 25
109 KB It's a mistake to label risk management as "hard", for two reasons. Firstly because risk management is easy - it's just structured common sense. And secondly because risk management involves the use of soft skills alongside hard techniques.
Risk management isn't hard
"Innovative risk management"
April 2009
page 10
99 KB Some people think that risk management hinders innovation because it stops people trying things that are new and potentially risky. This column explains the misconceptions behind this view and shows how proper risk management is truly innovative.
Innovative risk management
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"Better safe than sorry?"
March 2009
page 10
104 KB The precautionary principle encourages us to prepare for the worst. This leads to over-reactions and unnecessary levels of contingency, and can lead risk management into disrepute. This column proposes antidotes to the precautionary principle to help us take the right risks safely.
Better safe than sorry?
"What is your biggest risk?"
February 2009
page 20
186 KB The Probability-Impact Matrix (PIM) is the most common technique to decide which are the biggest risks. This article discusses the problem with relying solely on the PIM, and suggests some alternative approaches to sizing and prioritising risks.
What is your biggest risk?
"Happy Risky New Year!"
January 2009
page 30
150 KB Many current definitions of "risk" include both threat and opportunity. Some people don't understand this, and so they are resistant to putting it into practice. This column describes three main reasons why risk should include opportunity alongside threat, and why the risk process should seek to manage both opportunities and threats proactively.
Happy Risky New Year!
"Risk management and Maslow"
December 2008
page 10
153 KB Most people agree that risk management is "A Good Thing", but it is still widely practised with a lack of enthusiasm and commitment. This paper uses Abraham Maslow's "Hierarchy of needs" to explain how to motivate people and organisations to treat risk management more seriously.
Risk management and Maslow
"Learning from counter-terrorism"
November 2008
page 18
120 KB CONTEST is the UK Government's counter-terrorism strategy, describing what is being done to address this major challenge. This column explains how project managers can take a similar structured approach to dealing with project threats.
Learning from counter-terrorism
"Lessons from the UK National Risk Register"
October 2008
page 20
105 KB The UK Government recently published their first National Risk Register, explaining what could cause a catastrophe in the UK and what they are doing about it. What can we learn from this ground-breaking document?
Lessons from the UK National Risk Register
"Boom, bust and risk management"
September 2008
page 14
112 KB In difficult times, should we treat risk management as an avoidable cost, or as part of the solution?
Boom, bust and risk management
"Managing the future"
July 2008
page 18
240 KB How to tell the difference between Possible Futures, Probable Futures, and Preferable Futures; and the role of risk management in getting to the right one!
Managing the future
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"What drives risk attitudes?"
June 2008
page 26
98 KB The "triple strand" of conscious, subconscious and affective factors are described, explaining why individuals and groups choose to respond in a particular way to risk.
What drives risk attitudes?
"Proving the value of managing risk"
April 2008
page 22
98 KB How can we demonstrate that our efforts to deal with uncertainty are working?
Proving the value of managing risk
"Maturity - good or bad?"
March 2008
page 14
193 KB Everyone assumes maturity is "A Good Thing", but perhaps not. Maybe we should be like Brigitte Bardot or Madonna?
Maturity - good or bad?
"Assume nothing, challenge everything!"
February 2008
page 35
110 KB Using Assumptions & Constraints Analysis to identify risks.
Assume nothing, challenge everything
"Risky Resolutions"
January 2008
page 12
118 KB Four New Year’s resolutions to improve your management of risk.
Risky Resolutions
"Unknown-Unknowns and Risk"
December 2007
page 22
137 KB From that infamous Rumsfeld quote to practical guidelines – how to deal with what you don’t know.
Unknown-Unknowns and Risk

"To quant or not to quant"

November 2007
page 30
114 KB Explores the problems, prerequisites and benefits of using quantitative risk analysis. To quant or not to quant
"The three tenses of risk identification"
October 2007
page 18
133 KB Exploring three types of risk identification techniques: reviewing the past, assessing the present, and predicting the future. The three tenses of risk identification
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"Exploring patterns of risk exposure"
September 2007
pages 28-30
201 KB

Using hierarchical frameworks to understand risk (including the new Risk Impact Breakdown Structure, RiBS).

Exploring patterns of risk exposure
"Risk management: The longer view forward" August 2007
page 44
113 KB Surveying the risk management futurescape: three possible futures. Surveying the risk management futurescape: three possible futures.
"Risk management: The long view back" July 2007
page 14
102 KB Tracing the history of risk management through the ages. Tracing the history of risk management through the ages.
"The benefits of managing risk" June 2007
page 15
89 KB This second part of a risk management cost-benefit analysis outlines the multiple benefits available. (Part 1 in May 2007) The benefits of managing risk
"The cost of managing risk" May 2007
page 30
108 KB The first part of a cost-benefit analysis to calculate ROI for risk management. (Part 2 in June 2007) The cost of managing risk
"Get the frogs off the log" April 2007
page 17
130 KB How to ensure that risk responses are implemented. Get the frogs off the log
"Yes but will it work?" March 2007
pages 14-15
148 KB Seven tests for effective risk responses.
Yes but will it work?
"Silver linings in every cloud" February 2007
pages 27-28
134 KB How to find opportunities and avoid scope creep. Silver linings in every cloud
"When is a risk not a risk?" January 2007
pages 15-16
306 KB The need to be clear about what risk management is supposed to be managing. When is a risk not a risk?
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