What is Risk Management in Projects?

How to do risk assessment?
One of the most asked questions by OH&S professionals.
No one can predict the future, therefore, outcome of a project or activity will remain uncertain all the time. So shall we accept the fact and make a compromise on the desired outcome of our project or activity. Is it the only way out to deal with the uncertainty of future. Certainly not.
It may seem the only possibility, however, we are not totally helpless here as we can predict or identify the most probable hindrances in our projects and hence propose solutions in advance to make the outcome of a project mostly in line with our desired outcome.
Risk management is done at the start of project life cycle.
Risk Management process can be divided into following important steps,
1. Context & Objectives
2. Identify Risks
3. Assess Risks
4. Risk Response
5. Communicate
Last words of caution is to perform this Risk Assessment activity in the "Planning" stage of a Project Life cycle so as to avoid surprises during the execution phase of the Project which might badly impact the overall progress of a Project. Remember that it is a continuous process which takes time and experience to mature and gain momentum
This video also describes PESTLE framework
Here's the link to my complete Risk Management course:
www.udemy.com/...

[@shaheenara1994]

👍👍👍 Ma Shaa Allah

[@shaheenara1994]

Jazakallah khair bhai

[@zeeshanahmed-yb2nr]

highly appreciated sir

[@asnamehboob]

Great job Sir👍🏻

[@yasirtanveer760]

Thanks

[@asnamehboob]

Kindly Sir is topic py b 1 video bna dijye "Assessment of road hazards and challenges in Pakistan"

[@yasirtanveer760]

Thanks for the recommendation
I will definitely look into it inshallah

[@asnamehboob]

Jazak Allahu khair

[@apurvajoshi3187]

is this risk management process is related to PMBOK?

[@yasirtanveer760]

Yes you can easily relate it to the PMBOK risk management. The concept is the same

[@dilbarjani6653]

sir ji (Made in America) by sam Walton book ki samry banain please
shukriya

[@yasirtanveer760]

Inshallah in 2 to 3 days

[@dilbarjani6653]

@@yasirtanveer760 Thank you sir ji

[@dailylifeexperience4870]

@@yasirtanveer760 Sir plz next videos b share kry it project management ki

[@dailylifeexperience4870]

Sir Next it project management ki slides b share kru

[@yasirtanveer760]

Thanks for the recommendation
I will definitely share it in future

[@satishr7288]

How to do risk assessment

[@SandeepKumar-ls4ok]

is it from business point of view or finance point of view?

[@yasirtanveer760]

It provides basic framework that can be applied in any project setting

[@dilbarjani6653]

Aslam o Alikam

[@waleedabdullah7446]

sir yh risk management model b hy

[@yasirtanveer760]

Yes
You can do it in planning phase of any project

[@usmanjavedmianful]

how can i contact you?

[@yasirtanveer760]

You may contact through facebook
Yasir Tanveer