"We've got big issues on this project!"
"We'll never finish this on time if these issues don't get resolved!"
Statements like these are commonly heard from many project managers. Sure, risks and issues are a mainstay of projects. I would love to buy the PM dinner who has run a project to successful completion and never had one risk to manage or one issue to resolve.
Several years back I gave a presentation on effective management of project risks and issues. Now I have written a book that addresses this problem in depth. Get it here