Management of risk in projects
From apppm
Contents |
Introduction and relevance
SUBJECT CHANGED TO "RISK IDENTIFICATION", please see/review that article instead
Definition
Definition of the term risk, and a comparison of the related subject uncertainty. Defining and debating risk as Risk = probability * consquence
Benefits
The arguments for using risk management in projects
The risk analysis
Elaboration on how a risk analysis is performed, and how it can be used as a management tool for steering and controlling
Management of risk
How the project leader can handle the risks in the project in an optimal way, by using the risk analysis as a management tool
Limitations and critique of risk management
Drawbacks of giving risk management too much attention in project management