Project Risk Management

Risk management involves all activities pertaining to identification, analyzing and making provision for predictable and non-predictable risks in the project. Risk may include the following:

●      Experienced staff leaving the project and new staff coming in.

●      Change in organizational management.

●      Requirement change or misinterpreting requirement.

●      Under-estimation of required time and resources.

●      Technological changes, environmental changes, business competition.

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