Avoid
A risk is avoided by changing the project in some way. For example, by changing the project approach, technology, machinery, resources etc.
A risk is avoided by changing the project in some way. For example, by changing the project approach, technology, machinery, resources etc.
The risk response strategy "Avoid" entails modifying a project to prevent potential hazards from materializing. Such adjustments can encompass various aspects, including revising the project's methodology, adopting new technology, swapping out equipment, or reallocating human and financial resources.
When using the "Avoid" strategy, project managers aim to proactively identify and address potential risks before they can negatively impact the project's progress. This proactive approach necessitates a thorough understanding of the project's scope, objectives, and potential challenges. By recognizing potential threats early on and implementing appropriate modifications, project managers can mitigate the likelihood of encountering unforeseen complications.
Examples of Avoiding risks
Here are examples of avoiding risks altogether by making changes to the project:Technological incompatibility: A project may face the risk of using a technology incompatible with existing systems. To avoid this risk, the project manager can choose an alternative technology proven to be compatible, thus eliminating the threat.
High-risk locations: If a project build is in an area prone to natural disasters or political instability, the risk of delays or failures may be significant. To avoid this risk, the project manager can opt for an alternative location with a lower likelihood of such incidents.
Unreliable suppliers: A project might rely on suppliers with a history of inconsistent delivery or poor quality. To avoid the risk of delays or inferior products, the project manager can change suppliers, selecting those with a more reliable track record.
Lack of expertise: A project may risk not having the required expertise in the team to execute specific tasks. To avoid this risk, the project manager can hire skilled personnel or outsource the tasks to an external agency with the necessary expertise.
To effectively implement the "Avoid" strategy, project managers should cultivate a robust risk management culture within their teams. Encouraging open communication and collaboration can help identify potential risks and facilitate the development of creative solutions to address these challenges.
More on Risk Responses and Risk Mitigation
- Risk Assessment - the step-by-step risk assessment process with two assessment techniques.
- 10 Risk Mitigation techniques you need to know
- Risk Responses - an overview of the responses that businesses can take to manage a risk
See all project management words
Methodology specific dictionaries / glossaries
- View the Agile Dictionary
- Managing Successful Programmes (MSP) Dictionary
- Prince 2 glossary of terms
- Full ITIL glossary of terms
- See also Risk Management Dictionary.