Chapter 2
What Are Opportunities in Projects?
The previous chapter explained why the concept of risk covers more than just threats, and made the case for a broader definition that also includes opportunities. Building on that insight, we can move on to consider how it might be applied to the world of projects. If the generic definition of risk includes both downside and upside, then it seems obvious that we should expect to find both threats and opportunities in our projects. And because risk management manages risk, it should be normal for project risk management to address both threats and opportunities in a common process. These two topics are dealt with in this chapter and the next.
Why Projects are Risky
Anyone who has ever worked ...
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