Managing threats and opportunities in risk treatment

Developed by Theis Rosenkvist Sørensen

When managing a project, uncertainties are one of the most important factors to control in order to achieve a successful project. Uncertainties occur when certain events in a project are unpredictable and it will only be possible to guess about a future situation.

Risk can be either threats or opportunities...

Risk treatment is used to identify the risks and act on them.

Risk management is used to identify risks in the project, which help to create stability and which can help to prevent unforeseen events which can be cost, resource and time consuming.

The goal is to take procortions for the uncertainties and reduce the impact it can we on the project. This can be done by...

In project management there is a lot of uncertainties we need to prepare and take procortions for. By doing this it will be possible to prevent unknown factors that can occure. mannaging thorugout the whole projct.

The 5 steps in risk management

responding to threats - ARTA

Responding to opportunities

(CONTENT)

This is a page will be elaborated on the following topics:

- Managing threats and opportunities in risk treatment introduction (known knowns?, risk management, risk treatment)

- Risk management process (the 5 stages in the risk management process)

- Responses to threats and opportunities

- Discussion and conclusion

- References

Made by Theis Sørensen (s195768)