Risk Management for Project Management

Bifrost Advisory Can Assist in Risk Management for Project Management

Risk management is crucial for project management and should be developed in the planning stage of the project. Bifrost Advisory can help develop a risk registry which acts as a central storehouse for all risks identified in a project. The registry provides a structure in which all the underlying problems facing the project team are captured. Necessary actions are then taken to diminish the probability and severity of the identified problems. 

These risks may come from several sources such as: resistance to change, failure to deliver products in time or the pharmaceutical project exceeding the budget.

 Bifrost Advisory can assist the project manager in routinely manage a risk registry during the development programs.  Bifrost Advisory continually adding new risks while reviewing the existing ones. The risk items are appraised on regular bases by the project team so that actions to lessen or alleviate risks can be taken.

 

BIfrost Tech Sdn Bhd - Penang Based ERM Consultancy Company - Your Consultant for Risk Management
Call us for a risk management training for your board of directors to fulfil Bursa's training requirements for directors. support@bifrostech.com