Risk Management Of A Project - 1504 Words

Risk management to mitigate identified risks According to Pelletier Albright, 2010 (pp. 523-560), risk management in a project should create value by ensuring that the cost of mitigating the risk is less than the perceived risk. Also the mitigation process should already be a fundamental part of the organization. There is already a commitment to patient safety education as indicated in the Nurse Anesthesia trainee curriculum, however, the specific focus on near miss education and error management is lacking. As indicated, this project will work to add value to the existing graduate education curriculum. Documentation of Feasibility Feasibility of the project will be assessed based on the project acceptance from all key stakeholders,†¦show more content†¦Engage stakeholders by reassessing information flow i.e. if ideas need to flow from the bottom (participants) to the top (key stakeholders in management), adjust accordingly. Applicability of Proposed approach to the broader healthcare community This curriculum can be adapted to fit the needs of other departments in the College of Nursing i.e. the Generalist Entry Masters’ program, Clinical Nurse Leadership program etc., and can be expanded to include the College of Medicine, as well as the College of Health Sciences. The educational module can also be used in interdisciplinary education in the clinical setting. Research Hypothesis based on the Logic Model - Appendix B Logic Model: Assumptions The project makes the following assumptions: Acceptance among participants: The participants will embrace the additional emphasis on near miss reporting and see it as a chance to be more transparent especially in events that did not result in harm to the patient. Cost: Implementation of this project will be at a low cost to the department and fulfill the World Health Organization’s recommendation to include patient safety initiatives in Graduate School curricula. Increase in Error Reporting: It is hypothesized that with education and training in near miss recognition in the clinical setting, there will be an increase in near miss and error reporting among students. This increase in reporting (in both quantitative –near miss; and qualitative - sentinel) is beneficial for theShow MoreRelatedProject Risk And Risk Management1412 Words   |  6 Pages1- Abstract: Project Risk is an undefined event that, if it occurs, has a positive or negative impact in the project’s results. There are two types of risks can affect the project, they are threats and opportunities. The first affects negatively and the second affects positively. These risks can be individual risks or overall project risk. 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