{"id":19108,"date":"2018-05-26T16:53:35","date_gmt":"2018-05-26T15:53:35","guid":{"rendered":"http:\/\/ihbconline.co.uk\/newsachive\/?p=19108"},"modified":"2018-05-26T16:53:35","modified_gmt":"2018-05-26T15:53:35","slug":"ihbc-cpd-boost-via-dbw-risk-management-and-looking-ahead-to-2019s-school-in-nottingham","status":"publish","type":"post","link":"https:\/\/newsblogs.ihbc.org.uk\/?p=19108","title":{"rendered":"IHBC CPD Boost via DBW: \u2018Risk management\u2019, and looking ahead to 2019\u2019s School in Nottingham"},"content":{"rendered":"

\"devices\"<\/a>Designing Buildings Wiki (DBW) \u2013 host partner of the IHBC\u2019s Conservation Wiki, and one of the most popular construction industry websites. – , has featured a new article on \u2018Risk Management\u2019 that will be of interest to many members, including any looking forward to the 2019 Nottingham School which will encompass that theme.<\/h3>\n

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DBW writes:<\/p>\n

A\u00a0risk<\/a>\u00a0is a potential event, either internal or external to a project, that, if it occurs, may cause the project to fail to meet one or more of its objectives.<\/p>\n

A project by definition is trying to introduce some form of change; a new building, production system or way of working. Change involves uncertainty, which in turn means that projects are more likely to be blown off course by a potential future event. In other words, projects are inherently\u00a0risky<\/a>\u00a0undertakings.<\/p>\n

Project managers<\/a>\u00a0need to recognise that\u00a0risks<\/a>\u00a0exist and actively manage them; this is an indication of good\u00a0project management<\/a>, not an admission of failure. By looking ahead at potential events that may impact on the project and by putting actions in place to address them,\u00a0project teams<\/a>\u00a0can pro-actively manage\u00a0risks<\/a>\u00a0and increase the chances of successfully delivering the project.<\/p>\n

Risk<\/a>\u00a0has two aspects:<\/p>\n