SAFE: a method to understand, reduce, and accept project risk
Roberto Meli · 2000
This work describes the basic elements of a risk management method supplementing a number of different public domain approaches, such as PRM body of knowledge from Project Management Institute, CTC from the Software Engineering Institute, the Euromethod strategy model, those described by McFarlan, Archibald, and others. Although the SAFE method originated in the field of information and communication technology, it may easily be extended to other domains of application. It encourages the Project Manager to gain as complete an awareness as possible of the individual, meaningful causes of risk for a specific project, by examining general and particular checklists, and by using creative group techniques and interaction. The risk definition phase is followed by a phase to plan and carry out intervention aimed at reducing the likelihood that damaging events will occur, or the extent of the expected damage. In any case, the point of arrival is the awareness that each profitable enterprise co...