A Comprehensive Glossary of
Project Management Terms

Everything you need to know about project management in one list

What is risk in project management?

In project management parlance, a risk is any uncertain/unexpected event that could have a positive or negative effect on the project if it were to occur. The three most common types of risks are cost escalation, going over schedule, and the possibility of the project not performing up to specifications.

Further Reading:

A Complete Guide to Deliverables in Project Management
Dependencies in Project Management – A Complete Guide
How to Stay Organized at Work – 9 Simple Steps
Project Risk Management – 5 Ways to Mitigate Project Risks

All Terms

What is risk in project management?

In project management parlance, a risk is any uncertain/unexpected event that could have a positive or negative effect on the project if it were to occur. The three most common types of risks are cost escalation, going over schedule, and the possibility of the project not performing up to specifications.

Further Reading:

A Complete Guide to Deliverables in Project Management
Dependencies in Project Management – A Complete Guide
How to Stay Organized at Work – 9 Simple Steps
Project Risk Management – 5 Ways to Mitigate Project Risks