January 2002
Intermediate to advanced
288 pages
6h 9m
English
A risk for a project is a condition whose occurrence is not certain but that can adversely affect the project. Risk management requires that risks be identified and prioritized and, for the top few risks, that actions be taken to minimize their impact. The cost of risk mitigation may seem wasted when the risks do not materialize, but they must be incurred to minimize the loss in case the risk materializes.
| Sequence Number | Risk | Probability | Consequences | Risk Exposure | Mitigation Plan |
|---|---|---|---|---|---|
| 1 | Failure to meet the high performance | High | High | High |
|
Read now
Unlock full access