Management Fix: Risk Management Training

Description

This week’s “Risk Management Training” is often a forgotten solution.
By definition, a risk is an uncertain event that can be either positive or negative. Additionally, risk management is, “… the systematic process of identifying, analyzing, and responding to project risk.” Risk management incorporates various processes. Models differ — one example is Risk Planning, Identification, Qualitative Analysis, Quantitative Analysis, Response Planning, and Monitoring and Controlling. While risks are “uncertain” events that have not yet occurred, an Issue is an event that has already transpired. A trigger is an indication that a risk is about to or has occurred, and is usually based on parameters that have been “set off”.
(special thanks to https://pmhut.com/a-risk-management-implementation)

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Eduardo Espinheira

Eduardo Espinheira

Eduardo Espinheira is a Consultant, Facilitator, Manager, Public Speaker, Creator of the Management Bugs&Fixes and the Machiavellian PM Stories