Risk obesity -- taking on too much risk as a result of uncontrolled risk appetite -- can result in inflexibility and the inability to react swiftly and move quickly to avert issues, ultimately endangering the success of projects.
eBook Title: Weight Loss for Risky Projects
Author:David Hillson
Published on 2015 by
Risk obesity -- taking on too much risk as a result of uncontrolled risk appetite -- can result in inflexibility and the inability to react swiftly and move quickly to avert issues, ultimately endangering the success of projects. In this paper, the author discusses the importance of taking on acceptable risks with projects, and outlines how to tackle risk obesity by controlling risk appetite, reducing risk exposure and changing risk-taking habits to create a healthier business and project management culture. The paper defines risk obesity and its symptoms, discusses effects of risk obesity, and demonstrates risk obesity in action with a case study. Finally, the author offers ways to address risk obesity and stay risk healthy.
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David Hillson
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