Risk tolerances
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| − | ==Abstract== | + | == Abstract == |
| − | Risk tolerance is an amount of risk that a project driven organization can withstand. | + | Risk tolerance is an amount of risk that a project driven organization can withstand. This element in project management indicates the willingness of organization and it's people to avoid or accept risks. |
| − | + | ||
| + | The levels and perspectives of risk tolerance are dynamic throughout the life of the project. Risk tolerance has three different perspectives when you are involved in a project: company, project manager, and stakeholder. The company risk tolerance depends on the financial stability and project diversification. A project manager’s risk tolerance is affected by job security and corporate culture. The stakeholder’s risk tolerance is influenced by project objective. The project success depends on agreeable level of risk tolerance and early risk management planning. | ||
| + | |||
| + | == Introduction == | ||
| + | The section defines what risk tolerance is. | ||
| + | |||
| + | == Modeling and quantification of risk tolerance == | ||
| + | The section talks about methods to measure risk tolerance. | ||
| + | |||
| + | == Influence of risk tolerance == | ||
| + | The section talks the importance of risk tolerance. | ||
| + | |||
| + | == Company perspective == | ||
| + | Overview of risk tolerance from the company perspective. | ||
| + | |||
| + | == Project manager perspective == | ||
| + | Overview of risk tolerance from the PM perspective. | ||
| + | |||
| + | == Stakeholder perspective == | ||
| + | Overview of risk tolerance from the stakeholder perspective. | ||
| + | |||
| + | == Conclusion == | ||
| + | The section sums up information from sections above and draws conclusions. | ||
Revision as of 10:26, 19 September 2017
Contents |
Abstract
Risk tolerance is an amount of risk that a project driven organization can withstand. This element in project management indicates the willingness of organization and it's people to avoid or accept risks.
The levels and perspectives of risk tolerance are dynamic throughout the life of the project. Risk tolerance has three different perspectives when you are involved in a project: company, project manager, and stakeholder. The company risk tolerance depends on the financial stability and project diversification. A project manager’s risk tolerance is affected by job security and corporate culture. The stakeholder’s risk tolerance is influenced by project objective. The project success depends on agreeable level of risk tolerance and early risk management planning.
Introduction
The section defines what risk tolerance is.
Modeling and quantification of risk tolerance
The section talks about methods to measure risk tolerance.
Influence of risk tolerance
The section talks the importance of risk tolerance.
Company perspective
Overview of risk tolerance from the company perspective.
Project manager perspective
Overview of risk tolerance from the PM perspective.
Stakeholder perspective
Overview of risk tolerance from the stakeholder perspective.
Conclusion
The section sums up information from sections above and draws conclusions.
