Chapter 7

Assessing Risk

In This Chapter

  • Identifying risks
  • Planning for risks
  • Using risk analysis techniques
  • Responding to risk
  • Contingency planning
  • Creating the risk management plan

Each of us takes risks every day. For most of us, reasonable risks don't prevent us from doing our daily tasks and routines. The same is true for our projects. But you must identify the risks and analyze their potential impacts and the possibility that the risk will happen during the course of your project in order to know how to handle the risk should it occur.

The goal of this chapter is to show you how to create the risk management plan and the risk response plan. The risk management plan documents how the risk management processes will be implemented and ...

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