Risks
Risk management is a common process used by project teams to help analyze the probability and impact of challenges and opportunities to a project, which are called risks. After understanding the risks, the project team can then put in place plans to deal with the risks, if they should occur. PWA provides a tool for capturing and managing risks associated with projects. This tool includes the capability to describe the potential risk areas of the project, the probability that a risk will impact the project, any mitigation plan to minimize the potential risk, and the definition and triggering of the contingencies if the mitigation is not successful. This feature provides all the basic elements of a risk management repository including risk ...
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