Understand Risk in 2 Minutes

Everyone knows risk management is important for projects, but what does that mean, exactly? This is a video explaining how risk works, in 2 minutes, with office supplies.  It’s part of our new Project Management with Everyday Objects series.  The video covers the basics; at SMA, our risk services start with the simple process explained in the video and build from there, incorporating advanced techniques like Monte Carlo simulation and probabilistic estimating techniques to give you a complete picture of the uncertainty in your project.

Explaining Risk with Everyday Objects