The way to secure target profit on a job is to negotiate a good deal at the outset and thereafter adhere to the contract, performing (only) as contractually required. It’s simple to state in the ...

A reactive project manager tries to resolve issues when they occur. A proactive project manager tries to resolve problems before they occur. Here’s a process you can use to identify risks before they ...

Because risk is a part of any project, an important role of the project manager is to identify and control it. Without any control, risks can become disasters, causing delay, unnecessary expenses and ...

Financial risk: Poor project performance for solar plants in China is the result of a number of factors, but the bottom line is – it increases investment risk. Dirk Kayser, who serves as financial ...

Because even the best planned projects deal with uncertainty, managing risk is a key component of successful project design. Starting with a brief review of project risk management concepts and ...