Risk management in projects

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sadiksojib35
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Joined: Thu Jan 02, 2025 6:46 am

Risk management in projects

Post by sadiksojib35 »

Projects are associated with risks, and the more complex the former, the more the latter. If you do not manage threats, you can lose a lot of money. A simple example: you estimated the deadlines incorrectly, missed the deadline for the project, and the client went to court. It is unpleasant, expensive, and the company's reputation is also damaged.

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Content:

What are the risks in a project?
Types of risks in the project
How to look for risks
— Brainstorming
— SWOT analysis
— Delphi method

How to overcome risks
How to Create a Risk Management Plan
How to Manage Risks: A Step-by-Step Guide
— Identification
— Analysis
— Prioritization
— Assignment
— Monitoring
— Responding

Summary

What are the risks in a project?
Risks in a project are uncertain events that may affect the achievement of the company's goals. Risk is not only a threat, but also an opportunity.


Due to incorrect cost estimates for the project, employees did not meet the budget. This is a negative situation that does not bring any opportunities.

Having overestimated the scope of work, they allocated more time to complete the tasks than was necessary. The project was delivered ahead of schedule. This is a positive risk. The company foresaw the possibility of a negative development of events, which allowed the tasks to be completed on time.
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