Identifying, Assessing, and Mitigating Risks

Introduction
No project is risk-free. Successful project managers don’t avoid risk; they plan for it.

Why PM Matters Now More Than Ever
Economic shifts, supply issues, and technology failures can derail projects overnight.

Business Benefits of PM
Proactive risk management:

• Prevents costly surprises
• Improves decision-making
• Builds stakeholder confidence

So, What’s the Bottom Line?
Knowing potential threats early allows teams to act instead of reacting.

How You Can Be Part of the Solution
Learners in the QCTO Project Management qualification conduct full risk assessments and develop mitigation strategies for workplace projects.

Thought-Provoking Question
What’s one risk your team keeps overlooking, and what’s the cost of ignoring it?