And Randy was worried that HE was being harsh."Bless their hearts."
Webinar on Risk Guidance
- Thread starter Sidney Vianna
- Start date
I've certainly witnessed plenty of projects in the planning phase where it was obvious that a project's risk assessment was meaningless. I write this based of what those projects' risk assessments concluded: The project needs no risk controls of any type, because
- we don't believe any of those risks (because that's "stinkin thinkin"!)
- we "monitor" risk (and magically avoid or somehow instantly suppress it?)
- we don't have the budget for risk controls
Post-hoc, it is trivial to objectively determine that a project's risk assessment was inferior.
(*1) trying to tie back to the actual video... I've seen poorly managed companies that also could not recognize opportunities, even distinct from a "risk management" concept. I suppose if the video got such companies to recognize that opportunities are not themselves risks there could be some value, but honestly those diagrams would would probably just send the executives on a 8-month retreat trying to weaponize them as process flow charts.
Well it matters how post hoc the assessment is. If there is still time to alter the control plan then that is not trivial. If we can also address and improve the process/people/management that allowed or enabled a poor risk assessment then that is also not trivial..done lots of that with great success although the latter can take a few years. Which is why post launch assessment (very post hoc) can be extremely useful to objectively demonstrate the need and benefits of robust risk assessment.
On another note: I was so famous for the ‘eye roll’ that my team got several screen captures during the pandemic of my eye rolling and used them in my retirement celebration…
Has Boeing hired this guy yet? "The door fell off!"
Randy
Super Moderator
Probably not, he seems honest
