Risk Management - 5 Tips to Do it Right

The video focuses on five essential tips for effective risk management in project management. It introduces the Spectres framework for identifying potential risks, emphasizes maintaining a risk list for future projects, and discusses evaluating risks based on likelihood and impact. The video also covers risk response strategies, including Terminate, Treat, Transfer, and Tolerate, and advises on simplifying the estimation of risk likelihood. The content is inspired by a Kindle exclusive eBook, which provides further insights into risk management.

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