Project Management Goal Manage Risks. The Project Management Institute PMI an organization created in 1969 to promote the discipline of project management credits the process with helping businesses save time and money improve ROI and reduce risk. Mitigate the risk Find ways to reduce the likelihood of a risk.
Risk management looks at internal and external risks that could negatively impact an organization. SMART is an acronym for five characteristics your goals should have in order to be effective. The first step to defining risk management goals and risk management objectives is to define your organizations shared vision.
Next you may want to share the risk.
Specific Measurable Attainable Relevant and Time-Bound. This should be done within the project management dashboard. SMART goals are designed to help you create a more in-depth project plan so you can measure your success more accurately and make more precise adjustments along the way. The Project Management Institute PMI an organization created in 1969 to promote the discipline of project management credits the process with helping businesses save time and money improve ROI and reduce risk.