Strategy A strategy of risk aversion leads us to become more and more efficient and doing things that are less and less worth doing. The projects that deliver real benefit are bound to be full of risk. Instead of running away from risk, we need to school ourselves to run toward it . . . Since high benefit endeavors are always risky, we have to develop ways to discover the lurking risks, estimate their impact, optimize our response, and monitor for change. These are the essential skills of Risk Management.
Project management IS risk management.
In the absence of such sensible Risk Management, those who are counting on project success have no better strategy than to cross their fingers and hope for the best. The link between risk and opportunity. Creating a no-fault attitude toward risk. Managing software projects by managing their risks. Building a risk base.