Dear PM Advisor,
Does Risk always increase as project size increases? It seems that smaller projects expose me to more risks.
Out in the open in Seattle
Sometimes those small projects can be high visibility and definite career changers. Imagine planning the company Holiday Party or decorating the CEO's office. If you screw this up, you kiss your career at this company good-bye. But a large project with all kinds of complexity can fail spectacularly and the PM is promoted because 'She tried her best in tough circumstances.'
But the risk we are talking about is risk to the company's stock price, not your career. And the large, complex projects have a much higher effect on the stock price than the company picnic.
So pay more attention to risk on larger projects but watch yourself on these small, low profile projects as well.
Send your questions to Bruce@RoundTablePM.com