In this episode, Ricardo explores the concept of “Risk Lensing”, the idea that risk is shaped by individual perceptions rather than objective data. He uses the example of a child climbing a tree to show how various people can have different perspectives on the same event. Understanding how stakeholders view opportunities and risks is more important for effective risk management than formulae or spreadsheets. Ricardo places a strong emphasis on cooperation, empathy, and listening. Asking people what really troubles them is a good way to manage risk since risk exists in the minds of those engaged, not the project.

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