Implementing Comprehensive Risk Management for Project Success

Implementing Comprehensive Risk Management for Project Success

Process Brief:

In our Organization, we had a centralized project management team for assigning projects called Project Management Office (PMO). PMO conducts Risk to Reward analysis for selecting the projects and assigns the projects to different functional teams based on the kind of projects undertaken. Each functional team had a Project Manager (PM). PMO assigns projects to PM, and PM is primarily responsible for all the project management activities during the project life cycle (a snapshot of the primary responsibilities are provided below).