14 Establish the Initiative
Destiny is not a matter of chance; it is a matter of choice. It is not something to be waited for; but, rather something to be achieved.
—William Jennings Bryan
It takes initiative to respond to project requirements for risk management. I chose the word initiative because it has a circular definition that leads to risk. Initiative means to take the first step, as in a venture. Venture is synonymous with risk, because of the uncertainty in any new endeavor. An initiative is defined by the energy and enthusiasm that is associated with a new beginning. It is also defined by inventiveness and ingenuity, due to the creativity and resourcefulness required to build a new product.
The purpose of establishing a risk management ...
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