Latest from Uruk

What is the illusion of risk transfer?

Part of the following is from our book on Leading Megaprojects, A Tailored Approach. It is about the illusion of risk transfer that project owners might experience as a result of fixed-price contracting. We will first address the culture of fixed-price contracting, and next, we will discuss the illusion of risk transfer.

This is the third article of a 3-part series on the money aspects for project risk management, including a discussion on estimating, budgeting, contingency and management reserve. In this article we discuss the response cost.

This is the second article of a 3-part series on the money aspects for project risk management, including a discussion on estimating, budgeting, contingency and management reserve. In this article we discuss the management cost.

This is the fourth article of our series on Project Risk Management. Background Over the last few years SUKAD has conducted numerous risk management courses, some of them were about organizational risk management and others specific to project risk management. This article summarizes some of the comments from the participants of these classes; edited by...

This is the third article of our series on Project Risk Management. Click here for the first or second article. We are publishing these articles based on our observations in the market place in regard to the practices of project risk management and the gaps that exist.

This is the first of a series of articles on Project Risk Management. In this series we will discuss various topics related to project risk management with an emphasis on organizational systems. Since this the first article in a series we dedicate it to major definitions or positions that are necessary to set the scenes.