Damian PereraMonitoring & Evaluation Specialist| ChrysalisMellawagedara, Western Province, Sri Lanka
Projects can encounter unforeseen risks causing major delays and additional costs.
How can we identify and manage unforeseen risks in projects? Saving Changes...
Unknown - Unknown risk are unforeseen by definition. Lesson learned from previous project should reduce potential U-U, but not eliminated them.
For example in construction project you could identify a weather related risk for major rain or tornado but you may not have seen it at the scale it materialized. You did identify a 1 in ten years, but it was a 1 in hundreds years or thousands years. Very different event.
Losing a key ressource is one, have you identified losing 3 or more key Ressources? Saving Changes...