Risk Management

I've started writing a post about this topic and thought I'd ask for input (anybody listening?). It's a subject I think gets far too little real consideration as we define, sell, manage projects.

What rules of thumb do you use? Tools?

One I've been thinking about adding to our tool box is the spider or radar chart (at right, from Managed Care Magazine). There are a number of dimensions to consider including customer/user tolerance for risk. Working with users to define in advance what the key dimensions are then mapping the proposed technology solution over the map can help clearly identify where we need to pay attention, build contingency plans, communicate with the user.

More to come but what's your take on this topic?