This article was originally published in the 15 August 2011 issue of PMI Community Post.
Consider this scenario: three project managers identified the availability of a key resource as a high risk on their individual projects. The first project manager decided to avoid the risk and delay a critical project task until the desired resource became available. The second project manager mitigated the risk by hiring a consultant to provide similar expertise. The third project manager saw the situation differently. Instead of a threat, she saw it as an opportunity to develop additional capabilities by using thoughtful risk management. She questioned the reliance on only one person in the organization to have critical skills needed on multiple projects.
Read the full article here.