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Risk Interest Network

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Specific Interest Groups (SIGs) discuss particular aspects of project management to further understanding and good practice.

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About this SIG

Risk management The potential of situation or event to impact on the achievement of specific objectives.

Definition from APM Body of Knowledge 7th edition  

What is risk management?

The Risk SIG provides a forum in which to share knowledge and ideas, develop expertise and understanding, foster ‘best practice’ and actively promote the adoption of project risk management.

The Risk SIG holds four events per year in January, April, July and October in various locations around the country. In addition we support many local APM Branch events, other APM SIGs and conferences organised by professional bodies and organisations. The Risk SIG is the only independent organisation in the UK specialising in project risk management.

The Risk SIG’s objectives are:

  • to enable effective management of risk;
  • to provide a forum for sharing experience and knowledge;
  • to promote best practice in development of guides;
  • to establish specific qualification standards for APM qualifications;
  • to facilitate the training and development of risk practitioners;
  • to promote links with other recognised professional bodies;
  • to provide a forum for sharing latest tools and techniques;
  • to provide an opportunity to network with people from similar/different roles/positions. 

Featured resources

Project risk analysis and management mini-guide

This guide provides an introduction to the processes involved in project risk analysis and management.

News by this SIG

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Smart Risk Management webinar
A look into Project Risk Management including CLP’s uplift journey and how to take Smart Risks through aspects such as People, Governance and Process. This webinar was held on 3 August 2022.
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The impact of heuristics and biases on project risk management webinar
The whole process of project risk management involves people. Unfortunately (or maybe fortunately) people are influenced by numerous heuristics (rules of thumb) and biases. These influences, if not understood, can negatively impact the project risk management process making the outputs less realistic and useful. This webinar was held on 15 February 2022.
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A matter of urgency?
In its report Lessons Learned: Delivering programmes at speed, the National Audit Office prompts project professionals to consider that not all programmes can, or indeed should, be delivered at speed. Read on for an extract…
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Making sense of risk
Making Sense of Challenging Projects, give practical advice on managing risk the smart way
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Breaking the Iron Law of Projects
Reference class forecasting can be a valuable and accurate forecasting method that draws on actual outcomes to help you deliver your project to budget, on time and with the promised benefits. What’s not to like?

Blogs by this SIG

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Why project professionals need to up the ante when taking risks
Project management is always difficult, and project professionals need to step up when it comes to taking risks.
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Inflation in infrastructure projects: a risk we need to address
Understanding the inflation risk in infrastructure projects and how this risk is allocated between key stakeholders.
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We need to talk about risk
Sara Verbruggen explores how in the face of risk, agile approaches have delivered successes and enabled resiliency.