I'd like to ask three questions about risk.
- How much value or benefit do your current risk management activities add to your project or programme?
- How many of your programme's issues were initially identified in the risk log?
- Have you ever worked on a change initiative particularly beset by adversity (our nice word vicissitudinous springs to mind)
I'm guessing that in at least some (if not in most or even all cases) the answers were somewhat in line with "no idea, none, and yes of course".
So, putting my imaginary project sponsor hat on "What the hell are you spending my money on?".