Why is risk management important for projects?

David Hillson offers three answers to this question. Risk management matters for projects because:
(1) All projects are risky
(2) Risks are inseparably linked to project objectives
(3) Risk management is directly correlated with project success

[@meidadam]

Ability to understand risk management methodologies can save lives, money, and valuable things we may not determine in the early stages. Your videos are amazing Dr. David, I am in studying some cybersecurity courses, and ultimately when I found your channel, I found a massive of information to go! Thank you Dr. David

[@Risk-Doctor]

Thank you Mahmood for your positive and encouraging response. I'm glad these videos are helpful to you.

[@2027759]

Amazing. Unfortunately not so many people understand that. At the moment I am reading ‘Understanding and managing Risk attitude’. It is a very interesting and useful book. Thanks a lot for a great work.

[@Risk-Doctor]

Hi Vlad. I'm glad you're enjoying the book on risk attitude. You might also like my new book "Making Risky & Important Decisions", which builds on that earlier book. It's due to be published in June. Check out www.making-decisions.com for details.

[@muskduh]

Thanks for the free content

[@Risk-Doctor]

They say "The best things in life are free" - including our videos!! Enjoy!

[@craigrobertsonmsc.6260]

Great video, thanks.

[@Risk-Doctor]

I'm glad you liked this one!

[@adamwoodhouse5356]

Really interesting as always

[@Risk-Doctor]

Thanks Adam!