CHAPTER 7
Managing Strategic Risk
A risk unknown is still a risk taken.
—The Authors
Nothing ventured; nothing gained
—Anonymous Proverb
Learning Goals
By the end of this chapter, you will have learned to
•know how to determine the strategic risks inherent in managing projects.
Learning Objectives
By the end of this chapter, you will be able to
•identify the major strategic risks to your project;
•analyze and respond to project strategic risk;
•create a risk register and risk management plan for your projects.
Introduction
As far back as Chapter 2, it was stated that all projects entail some amount of risk. Indeed, risk management is often included as a part of most project management texts. For our purposes, we are interested in ...
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