Chapter 15. Managing Risk
IN THIS CHAPTER, YOU WILL:
Learn the benefits of managing risks
Understand the components of a risk-management plan
Learn how to identify and assess risks
Discover methods for choosing the risks to track
Learn how to respond to risks
Learn how to track risks
“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.”
—WINSTON CHURCHILL
Projects are often tied to opportunities—everything from bringing a new product to market to improving your home for more enjoyment or resale. But opportunities invite risks—large and small—and risks can threaten a project’s budget, its schedule, and the quality of its results. Some risks are more likely to occur than others, and some risks produce ...
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