← Go back
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.
People also ask
- What is adaptive project framework (APF)?
- What is aggregate project plan (APP)?
- What is BOSCARD in Project Management?
- What is CapEx (Capital Expenditure)?
- What is a case study in a project?
- What is change freeze in project management?
- What is the closing phase in project management?
- What is a cost management plan?
- What is a cost overrun (Budget overrun)?
- What is the cost performance index (CPI)?
- What is critical chain project management (CCPM)?
- What is the critical path method (CPM) In project management?
- What is dependency in project management?
- What is extreme programming (Xp)?
- What is a gantt chart?
- What is a human resource plan?
- What is iteration?
- What is a key performance indicator (KPI)
- What is kickoff meeting?
- What is net present value (NPV)
- What is a planning phase?
- What is a project portfolio?
- What is resource management in project management?
- What is quality assurance (QA)?
- What is quality control (QC)?
- What is risk mitigation in project management?
- What is “risk” in project management?
- What is a schedule management plan?
- What is scheduling in project management?
- What is scrum in project management?
- What is a user acceptance test (UAT)?
- What is waterfall methodology?
- What is work breakdown structure (WBS)?