[Risk/ Quality/ Competency ]
Risk, quality and competency are almost inseparable in a well-run business, or, in an astute individual.
Managing risk through effective controls inherently means high quality outputs and high competence levels. A competent person or business naturally produces quality work and operates at lower risk levels. Focussing on quality naturally results in focussing on competence and risk.
A well-established metaphor for good project management is the three-legged stool, representing the tensions amongst managing cost, time and quality. Similarly, but also differently, is the intertwined nature of risk, quality and competence. Manage one well and the others should follow.
(originally posted June 23, 2019)