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...management. The process of risk quantification is an important step of the risk management process and therefore, important to ensuring the success of a pr
...ne about them" [http://pmtips.net/blog-new/defining-risk-management-part-4-risk-quantification]. </div><br />
32 KB (4,716 words) - 13:15, 23 November 2018
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...rnment or biomass energy, which discuss shortage and supply chain problem. Risk is a key part of all these technologies and how to manage it is a challenge
...ave in common energetic technologies and their specific characteristics in risk management.
34 KB (5,202 words) - 15:22, 16 November 2018
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...ks affecting a portfolio, one must work through four aspects of "Portfolio Risk Management". These aspects are identification, analysis, development respon
... Another type of iterative process occurs when the conditions of a certain risk change, forcing it to undergo all the phases again. When new risks occur al
27 KB (4,134 words) - 15:20, 16 November 2018
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...nowledge and systematic tools, not only in project management, but also in risk management, a discipline that has a special complexity in construction proj
... scope, schedule, cost and risk. With the first three constraints defined, risk is the last but not least constraint remaining, and it is certainly the one
23 KB (3,556 words) - 18:56, 3 March 2019
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#REDIRECT [[A Guide to Risk Management in Construction Projects]]
65 B (9 words) - 20:00, 13 February 2019
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...prerequisites, in terms of security systems, in order to avoid any kind of risk.
...> "https://www.theirm.org/the-risk-profession/risk-management.aspx"/"About Risk Management" </ref>
23 KB (3,418 words) - 22:52, 4 March 2019
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'''Title: Impact and Probability in Risk Assessment'''
...ty of occurring. After having introduced the components, it introduces the risk assessment methods using these two elements, taking into account both the q
5 KB (615 words) - 11:11, 13 March 2020
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'''Title: Risk and Issue Management - Managing Successful Programmes'''
... of control change and configuration management. Finally, it describes how risk and issue management evolve during the different stages of a program.
5 KB (615 words) - 10:19, 26 March 2020
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=='''Title: Portfolio Risk Management - The Standard for Portfolio Management '''==
...the chapter provides a portfolio risk management framework and a portfolio risk management plan.
4 KB (503 words) - 09:14, 9 April 2020
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8 B (1 word) - 09:29, 6 February 2021
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...reats and opportunities and their impact as an individual or overall risk. Risk identification for projects, programmes or portfolios must be treated as an
...early stages of risk management and a necessity in order to pursue further risk management actions and prevent a negative impact on the projects’ success
20 KB (3,002 words) - 21:29, 28 February 2021
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<ref>'' Project Management Institute, Inc. (PMI). (2019). Standard for Risk Management in Portfolios, Programs, and Projects. Retrieved from
...app.knovel.com/hotlink/toc/id:kpSRMPPP01/standard-risk-management/standard-risk-management'' </ref>
300 B (32 words) - 22:24, 13 February 2021
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...e will always be a number of activities. All these activities will involve risk to some degree – either as a threat or an opportunity. If risks are not m
...fits<ref name=cyber> Refsdal, A., Solhaug, B., & Stølen, K. (2015). Cyber-Risk Management (SpringerBriefs in Computer Science) (1st ed. 2015 ed.). Springe
23 KB (3,724 words) - 20:30, 27 March 2022
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...usiness in its integrity and no longer in its individual parts. Enterprise Risk Management is a new method posed as a solution in this analysis and will be
[[File:Risk categorization.png|500px|thumb|right|'''Figure 1:''' Risk Management fields]]
23 KB (3,507 words) - 13:26, 21 March 2022
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The main purpose of this article focused on risk analysis, identification and management techniques that are vital in a succ
...ns and their resulting impacts will turn out differently than anticipated. Risk involves uncertainty which is something that applies to situations in which
6 KB (954 words) - 20:48, 23 March 2022
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103 B (10 words) - 14:13, 31 January 2023
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... what a risk is<ref name="Riskclass"/>; according to Macquarie Dictionary, risk is ''the chance of an adverse event depending on the circumstances and its
It must be said that, regardless of how thorough and accurate the safety risk management may be, some incidents can not be avoided due multiple factors,
20 KB (3,138 words) - 08:39, 7 May 2023
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...es can stem from inadequate risk management practices in projects, such as risk identification and decision-making.<ref name="inno12"/>
...the outcome of a project is closely linked to the effectiveness of project risk management.<ref name="risk19"/>
23 KB (3,552 words) - 20:19, 8 May 2023
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...tfolio Management'']][[Category:''Risk Management'']] [[Category:''Project Risk Management'']] [[Category:''Uncertainty'']]
... that 80% of the effects come from 20% of the causes. It can be applied in risk management to identify and prioritize risks based on their potential impact
33 KB (4,834 words) - 13:54, 7 May 2023
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...e, risk management gives an opportunity to the reduce the possibility of a risk occurring and its potential impact.
2.1 The Risk Management Profile
4 KB (547 words) - 08:28, 9 April 2023
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...rticle is an overview and summary of relevant body of knowledge concerning risk management in project portfolios. [[Project portfolio management]] is the s
...rtfolios Is More Than Managing Project Risks: A Contingency Perspective on Risk Management". Project Management Journal, 67-80 (2014)</ref>
23 KB (3,310 words) - 12:41, 20 December 2018
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The risk of too high ambitions are too complicated projects. These might become more
...ision process, they are not always likely to follow their leaders. Another risk is burnouts within management, when the leaders do not manage to ask for he
18 KB (2,922 words) - 11:50, 20 December 2018
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...n be managed by, among others, system engineering, stakeholder management, risk management and sensitivity analysis, all being very analytical approaches.
*Risk assessment
25 KB (3,557 words) - 12:31, 20 December 2018
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... to continuously embark when exploring new dimensions in order to mitigate risk and suppress their corresponding consequences.
...s article provides a profound description of how to conduct a quantitative risk assessment by means of utilizing Monte Carlo simulations.
20 KB (3,053 words) - 11:57, 20 December 2018
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[[File:ISO 31000-2009 risk management strategy.JPG|thumb|300px|Risk management strategy as defined be ISO 31000:2009<ref>[ISO 31000:2009]</ref>
...out to be harmful to the project it is in general terms considered to be a risk.
20 KB (3,201 words) - 11:27, 20 December 2018
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... aimed at fulfilling all the requirements such as time limit, cost budget, risk minimization and resources availability to create a specific product, servi
...ties and threats, growth and safety in order to maximize return in term of risk. Portfolio management is goal–driven and target oriented. Therefore, the
16 KB (2,434 words) - 11:10, 20 December 2018
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* Schedule risk
* Financial techniques to mitigate risk
25 KB (3,660 words) - 12:49, 20 December 2018
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...user and downstream process needs, and communicate an acceptable amount of risk.
15 KB (2,404 words) - 11:12, 20 December 2018
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... ''project risk'' is defined typically in terms of different categories of risk in different phases of the project.<ref name="concept"></ref>
26 KB (3,958 words) - 11:13, 20 December 2018
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...eholders. The stakeholder analysis is therefore an important part of the [[Risk management]] in project. It is essential to identify the stakeholders level
...t. Based on the stakeholder analysis it also becomes possible to perform a risk analysis, plan the entire project approach, plan the communication and impl
17 KB (2,564 words) - 12:02, 20 December 2018
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...rter to announce a new scope-defined project, both fundamental aspects and risk evaluations must be carried out at this initiation stage.
...rough a participative and intensive process. What’s more, it reduces the risk of failing the project because of the project manager taking all decisions
18 KB (2,825 words) - 11:15, 20 December 2018
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...s that directly support business objectives, and considering the portfolio risk as a result of the mix of components in a Project Portfolio at any time. <r
*The portfolio risk is a result of the mix of the components
15 KB (2,160 words) - 11:20, 20 December 2018
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...ess against performance target of time, cost, quality, scope, benefits and risk to make decisions.
...ess against performance target of time, cost, quality, scope, benefits and risk in order to make decisions, and recommend doing a review of team performanc
23 KB (3,698 words) - 12:06, 20 December 2018
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...e the surroundings are ever changing and where the project plan itself can risk being changed due to unforeseen circumstances. Additionally, the customerâ€
14 KB (2,353 words) - 11:19, 20 December 2018
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...r projects on time and under budget within the scope is threatened and the risk increases when there is no control.
24 KB (3,629 words) - 17:18, 16 November 2018
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...ject, risks are identified and managed throughout the project lifecycle. A risk is an uncertain event that can have e negative effect on one or more object
This Wiki-article will describe the risk management Process, Risk matrix, Rumsfeld's Unknown-Knowns, inherent- and residual risks.
29 KB (4,328 words) - 15:34, 16 November 2018
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...ding to PMI, the analysis of portfolio should include business, financial, risk, human resources issue, marketing, and technical criteria<ref>Project Manag
...mework for project portfolio selection".''International Journal of Project Management''17.4(1999):207-216 </ref>.
23 KB (3,634 words) - 14:07, 11 February 2019
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...ther related business factors. The goal with this process is to reduce the risk of scope creep.
21 KB (3,273 words) - 15:36, 16 November 2018
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...for the project, and it is the management of all these that constitute the Risk Management in Construction Projects.
...dy from the time a project starts. Therefore it is important to prioritize risk management, since it will likely lead to more problems if handling the risk
16 KB (2,443 words) - 16:58, 16 November 2018
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* [[Risk management in project portfolios]]
* [[Monte Carlo Simulation of Risk]]
3 KB (355 words) - 12:05, 30 August 2015
