Communicating project risks and opportunities

Every project evolves in an uncertain environment throughout. Typically, the object of the contract is a new installation or piece of equipment that fits into a whole; it has no prior existence, and has only been visualized and shown virtually. Foreseeable and unforeseeable disturbances influence the progress of the project and its results.

As soon as we make an offer to a customer, we need to consider what could happen and list the risks, but also look for opportunities that already exist or may arise in the future.

Carrying out this risk and opportunity analysis at the bid stage, and then repeating it after contract signature with optimization sessions, will enable you to control these risks and take advantage of any opportunities that may arise.

Prioritizing these risks and opportunities in terms of their impact on the project, and preparing action plans to mitigate their effects or take advantage of them, will put the project manager and the team in a serene position to avoid suffering these hazards if they arise, and to take advantage of them.

This sheet shows you the methods you need to follow to communicate well at the right time and with the right intensitý in the event of risks, to implement action plans and identify opportunities to take advantage of them.