Project Management Central

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Topics: IT Project Management, Risk Management, Virtual Teams
How do project managers perform risk management? What techniques do they use to manage project risks?

What are the best techniques of managing risks in the SaaS industry?

Hi Niel,

Project Risk stems from uncertainty. An uncertain condition or event that can effect at least one of the project objectives is considered as risk. A negative risk that has happened is considered as issue. There is no uncertainty about an issue.

To understand more on this subject, you can look at following articles:

Project Risk Explanation & Examples

PMBOK Guide and Project Risk Management Process

Change your Project Risk Management Strategy

4 Project Risk Response Strategies for Opportunities


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