Risk Management: A Simple, Stratified Approach

by Michael E. Harris

Risk management is getting to be too complex to use on anything less than a major, multimillion-dollar project. The use of risk management on IT programs is overly complicated. This Executive Update shows one way of cutting through the clutter of risk management tools, status reports, and metrics by adopting a simple, stratified approach. This approach is beneficial because it is a way to simplify risk monitoring and control, which in turn saves resources and reduces confusion.

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Risk Management: A Simple, Stratified Approach November 2001