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Category / Risk Management

Back2Basics – Project Risk Management: Project Risk Evaluation

Project Risk Evaluation In the second part of the series ‘Back To Basics’ of Risk Management, we looked at what is risk management, lifecycle of risk in risk management process and what is risk analysis. In this part, we will explore – details of Risk Evaluation or Risk Assessment. Also read Why You Should Manage...CONTINUE READING
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Back to Basics– Project Risk Management: Project Risk Analysis

Project Risk Analysis In the first part of the series ‘Back To Basics’ of Risk Management, we looked at what is risk & why you should worry about it. Also, it was deliberated in brief, why risk management is inherently a proactive characteristic of a project manager. In this part, we will look at what...CONTINUE READING
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Back2BasicsL Project Risk Management: What is a Project Risk

What is a Project Risk? Risk is the probable occurrence that a given action/activity (or lack of action) will lead to an undesirable outcome (in the most general cases). There can be choices/options that decide the potential outcome of the probable occurrence of an event/instance. These choices in turn can decide the extent of undesirable...CONTINUE READING
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