So here is another question like my usual blogs ,
What is Risk? Have we ever thought of doing Risk Mangement in our day to day life? Is it always negative? Can we manage all Risks? How do we manage Risk? What *To do * and *What not to do *.
So, lets get answers to these questions here..
Lets see, what Wikipedia says:
In one definition, "risks" are simply future issues that can be avoided or mitigated, rather than present problems that must be immediately addressed.
PMP says:
Risk is
So, SUMMARIZING:
Risk is an Uncertainity of Occurrence of Known/Unknown Event or State that can impact The concerned Positvely or Adversaly.
Understanding Risk Terminologies:
Positive Risk (Often called Opportunities)
Negative Risk
Known Risk
Unknown Risk
What is Risk in Project Management context?
What is Risk Management?
Steps to do Risk Management
Quick tips & ending note:
What is Risk? Have we ever thought of doing Risk Mangement in our day to day life? Is it always negative? Can we manage all Risks? How do we manage Risk? What *To do * and *What not to do *.
So, lets get answers to these questions here..
Lets see, what Wikipedia says:
In one definition, "risks" are simply future issues that can be avoided or mitigated, rather than present problems that must be immediately addressed.
PMP says:
Risk is
§ Event or condition in future
§ ‘Uncertainty’ of occurrence
§ Measured by impact / consequence on the project
§ Known/Unknown Risk
So, SUMMARIZING:
Risk is an Uncertainity of Occurrence of Known/Unknown Event or State that can impact The concerned Positvely or Adversaly.
Understanding Risk Terminologies:
Positive Risk (Often called Opportunities)
Negative Risk
Known Risk
Unknown Risk
What is Risk in Project Management context?
What is Risk Management?
Steps to do Risk Management
Quick tips & ending note:
Comments are welcome to encourage me and improve me on writing.
Happy Writing!!!!!
Signing Off for this article..
Reacha
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