Whether or not you think your project is plagued with problems, you might need effective risk management to keep you out of trouble. Risk management is similar to performing preventive health care and buying insurance for your project. It involves indetifying potential problems (risks), analyzing those risks, planning to manage them, and reviewing them.
Planning for Project Surprises: Coping with Risk
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Summary
Whether or not you think your project is plagued with problems, you might need effective risk management to keep you out of trouble. Risk management is similar to performing preventive health care and buying insurance for your project. It involves indetifying potential problems (risks), analyzing those risks, planning to manage them, and reviewing them.
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