I recently wrote this article for TheConsultantLounge. You can read the original article here: http://theconsultantlounge.com/2015/04/top-business-frameworks-for-management-consultants/.
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Business frameworks and methodologies may be a concept foreign to many business professionals, but it is one near and dear to all management consultants. As a management consultant, you will either have used many of these, or at least know what they are so you can nod in agreement when others talk about
Risk and Issue are two words that are often confused when it comes to their usage. Actually there is some difference between them. The word ‘risk’ is used in the sense of ‘chance’. On the other hand, the word ‘issue’ is used in the sense of ‘matter’.
Uh-Oh! This is a show-stopper. We can’t complete the project on time because the server needed won’t be available for another month! What can we do now?
This is not a new problem for Project Managers to have encountered. Is this a risk or an issue?
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