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Explain project risk management process
written 7.9 years ago by | • modified 3.4 years ago |
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What is project Risk Management (RM)? What are the RM processes?
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written 7.9 years ago by | • modified 3.4 years ago |
written 7.9 years ago by |
Transfer the risk to someone else.
Approaches for positive:
Exploitation
Risk Evaluation: Responses to risks and the experience gained provide keys to learning. A formal and documented evaluation of a risk provides the basis for lessons learned and lays the foundation for identifying best practices. It should focus on following question
How did we do?
What best practices can be incorporated in the risk management processes?
The risk planning is cyclical because the evaluation of the risk responses and the risk planning process can influence how an organization will plan, prepare, and commit to IT risk management.