Introduction to Project Management

13 Project Risk Management Planning

DOI: 10.1201/9781003230649-16

Risk Management is increasingly becoming more vital in project management to the extent that project management is now sometimes approached from the perspective of risk management. It is also one of the knowledge areas that have a great deal of planning processes in project management. All these planning processes of project risk management constitute the focus of this chapter. They include Developing the Project Risk Management Plan, Identification of Project Risks, Project Risk Analysis (including Qualitative Risk Analysis and Quantitative Risk Analysis), as well as Risk Response Planning. This chapter also includes ‘An Overview of Project Risk’ as well as ‘Risk Attitude and ...