Island Consulting

 

 
ARE ANY RISK MANAGEMENT TOOLS AVAILABLE?

YES!  For once we can give an unqualified answer. There are many tools available, often associated with project management methodologies. 

Many of these are proprietary, and can not be reproduced or utilised without paying some license fee to the owner.  Some of the site that we mention in the links page have some tools available. Some at no cost! We were intending to link direct to the pages with tools, but as these change from time to time, we won't rob you of the opportunity to do your own research.

One of the most common type of tool is effectively a checklist of common project risks, which can be used as a catalyst in risk management workshops.

Another tool is a spreadsheet (either manual or computerised) to assist in the development of a risk matrix.

Various government agencies have mandated risk management methodologies to be used for generic risk management. Many of these can be used in a project environment with little or no change. The New South Wales Treasury created risk management methodology for use by NSW agencies in 1998/99.

 

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Island Consulting Pty Ltd   

Risk Management
Tools

October 2000