Financial institutions rue ignoring project risks

Risks are always present in major projects, and the dangers of ignoring them can delay and undo financial institutions’ progress and efforts. Fortunately, with the right modelling and technology, these risks can be reduced before they turn into greater issues. Common risks in delivery projects exist within the committees and groups steering projects, with a lack of alignment on goals and unclear ownership causing delays and sending projects off target. Over-promising delivery timelines and outcomes, without prior testing, can lead to missed deadlines, and teams with insufficient knowledge and...