risk identification

Risk Identification Process

The project risk identification is a process of documenting and identifying the uncertainties that could affect the performance of the project. This step addresses the first component of risk, which is also the focus here. An Overview of Risk Identification Process The identification step in risk management includes examining each element of the project. This […]

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Project Risk Management Process

Project Risk Management

Introduction There are no projects that do not involve risk. Whether the project is small or large, simple or complex, some uncertainties always occur that could impact the budget, schedule, and scope of the project. These uncertainties may result into extending beyond schedule completion dates, projects exceeding initial cost estimates, or experiencing sudden complications that […]

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