Risk Mgmt from the view of Executive Management by Ayman Sadek
With over 25 years of practical experience, primarily in executive management, I have found that the most common obstacles organizations face are problems arising from unforeseen or uncertain events. This stems from a lack of understanding of the concept of risk management. Consequently, risk management has become a core discipline for organizations striving to achieve their goals in increasingly complex and uncertain environments. Executives often encounter conflicts with project managers, site managers, and function managers due to a lack of familiarity with appropriate risk responses when implementing organizational strategy, whether through launched projects, management changes, or system modifications. This paper aims to examine the principles and practices of key risk management objectives, in accordance with international standards such as ISO 31000:2018 and ISO 31010:2019, as well as the PMI PMBOK Guide. This paper highlights specific objectives that all executive management personnel within an organization are advised to understand, thereby increasing organizational strength and enabling faster, more effective decision-making.
A paper on the topic has been published https://pmworldjournal.com/article/closing-the-risk-communication-gap
Eng. Ayman Sadek graduated from Helwan University in 1992 with a Bachelor’s degree in Mechanical Engineering. He has been a member and volunteer at PMI, the Project Management Institute, and has been certified as PMP, RMP-PMI, and PBA-PMI. He began his career as a Maintenance Engineer, later advancing to Site and Project Manager in industrial construction projects for example, but not limited to, petrochemicals, cement products, polymers and polyproline products. He then joined a maritime company as a Technical Superintendent, overseeing technical operations and projects for ship repairs and ship building. Over time, he progressed to Execution Management, involved in Digital transformation and change management at many companies. He currently serves as the Managing Director of the company and a member of the Board. He can be contacted at: tam330@hotmail.com
https://www.linkedin.com/in/ayman-sadek-74880b17/
Questions? lgdarmstadt@pmi-gc.de