What Does Risk Management Mean In The Context Of Project Management?
- Topics:
- Project Management
- Tags:
- Associated Content,
- Failure,
- Finance,
- Financial Planning,
- Financial Services,
- Management,
- Risk Management,
- Security,
- Strategy
- Source:
- Associated Content
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Overview: Risk management focuses on potential failures in a project. Where as, project management is focused on the success of opportunities. "If the project manager is busy "Managing" the risks, there is little time to manage opportunities - ignoring half the "Management in the presence of uncertainty" equation." Risk management is a continuing process of proactively identifying risks with the hopes that you avoid failures. By actively monitoring potential risks, we can avoid failures in a project.
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Format: HTML | Date: Mar 2007
