Adventurer's Guide to Risk Management: Fictional Tales about Risk Management

By Phill Akinwale

Welcome to the exciting world of "Adventurer's Guide to Risk Management"! This book is filled with adventurous stories that will keep you on the edge of your seat while learning about risk management. Follow Jack and his friends as they embark on thrilling journeys, from exploring dangerous caves to surviving a plane crash in the wilderness.

Through the adventures of Jack and his friends, you will learn about risk identification, assessment, and response planning. Each chapter ends with a few quick questions about standard risk management practices, allowing you to test your knowledge and deepen your understanding of the concepts covered in the book.

Whether you are an experienced project manager or just starting out in the field, this book is a must-read. It is an excellent tool for those preparing for the risk area on the PMP or PMI-RMP exam, as well as anyone looking for an entertaining way to learn about risk management. A first of its kind!

So, buckle up and get ready for a thrilling ride with "Adventurer's Guide to Risk Management"!

• Language: English
• Publisher: PRAIZION MEDIA
• Release date: May 1, 2023
• ISBN: 9781934579848

Book preview

Adventurer’s Guide to Risk Management

Fictional Tales about Risk Management

PHILL AKINWALE, OPM3, PMP, PMI-RMP, PMI-SP

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Adventurer’s Guide to Risk Management

Published by Praizion Media

P.O Box 22241, Mesa, AZ  85277

E-mail: [e-mail]

www.praizion.com

Author

Phillip Akinwale, MSc, OPM3, PMP, PMI-RMP, PMI-ACP

Copyright © 2023 Praizion Media

All rights reserved. No part of this publication may be reproduced, transmitted in any form or by any means including but not limited to electronic, recording, manual, mechanical, recording, photograph, photocopy, or stored in any retrieval system, without the prior written permission of the publisher.

ISBN 978-1-934579-84-8

The author and publisher make no warranties or representation that use of this publication will result in passing professional exams or about the completeness and accuracy of the contents. The author and publisher accept no liability, losses or damages of any kind caused or alleged to be caused directly or indirectly by this publication.

CONTENTS

Introduction

Chapter 1: Meet Jack the Risk Adventurer

Chapter 2: Treasure Hunter

Chapter 3: Picking Up

Chapter 4: Meet Mr. Lex

Chapter 5: Let the Risks Begin

Chapter 6: Ms. Supra Optism

Chapter 7: The Battle Against the Risk Syndicate

Chapter 8: Dr. Havoc

Chapter 9: Dr. Resourcefullness

Chapter 10: Phill is Replaced or is He?

Chapter 11: The Great Discovery

Chapter 12: The Oracle

Chapter 13: The Egyptian Sourcerer

Chapter 14: The Quality Infiltrator

Chapter 15: The Infiltrator Again!

Chapter 16: Richard and Elon Fight Back

Chapter 17: The Military Strikes Back

Chapter 18: The Buckingham Affair

Chapter 19: The Infiltrator's Capture

About the Author

Introduction

Introducing Adventurer’s Guide to Risk Management - a book that combines the excitement of storytelling with the practicality of risk management concepts.

As a project manager, I have seen firsthand the disastrous consequences of ignoring risks. I wanted to create a book that not only explains the basics of risk management, but also showcases its importance through engaging stories.

This book is not just for project managers, but for anyone who wants to better understand the world of risks. I believe that by weaving in relatable stories, readers will be able to grasp the concepts in a more memorable and meaningful way.

Whether you're preparing for a professional exam or just looking to up your risk management game, this book has something for everyone. So buckle up, and join me on a journey of triumphs and tragedies - you never know what risks may be lurking around the corner!

As the great Warren Buffet once said, Risk comes from not knowing what you're doing. Let's make sure we all know what we're doing.

At a high-level one could be anywhere in any situation from a risk-perspective:

4 Levels of Risk Effectiveness

Level 0: Clueless and unaware of risks positive or negative.

At this level, an individual or organization may not even be aware of the existence of risks, let alone have any plans or strategies to mitigate them. This can be a dangerous situation as it leaves them vulnerable to both known and unknown risks, which can have severe consequences. It's important to move out of this level as quickly as possible by identifying potential risks and taking appropriate measures to manage them.

Level 1: Aware of risks, but reactive

At this level, individuals or organizations are aware of the existence of risks, but only react to them after they occur. This approach can be costly, as the damage has already been done, and it may be too late to prevent or mitigate the risks. It's important to proactively identify and manage risks before they occur, rather than reacting to them after the fact.

Level 2: Proactive risk management

At this level, individuals or organizations have a proactive approach to risk management, identifying potential risks before they occur and taking steps to mitigate them. This may involve developing risk management plans, implementing risk management strategies, and regularly reviewing and updating them. By taking a proactive approach, individuals and organizations can minimize the impact of risks and potentially avoid them altogether.

Level 3: Integrated risk management

At this level, individuals or organizations have an integrated approach to risk management, where risk management is fully embedded into their day-to-day operations. This means that risks are considered at all stages of decision-making, and risk management is an integral part of the organization's culture. By having an integrated approach to risk management, individuals and organizations can operate more efficiently and effectively, while also minimizing the impact of risks.

In summary, understanding the different levels of risk management can help individuals and organizations take a more proactive approach to managing risks, and ultimately improve