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?
Network:6

What are the best techniques of managing risks in the SaaS industry?
Network:236



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

BR
Praveen.

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