Using Spreadsheets to Manage Risk is Risky Business Indeed!
Spreadsheets are universally loved. Why? Because they give everyone their own version of the truth, with complete autonomy to update and amend them as often as they like, without interference from anyone else. However, while spreadsheets might be great tool at an individual level they are completely un-scalable, and therefore totally unsuitable for compiling and analysing information enterprise-wide, or even for individual projects.