Issues and risks are often mistaken for having the same meaning by some Project Managers. In reality, they are not. So what exactly is the difference between an issue and a risk?…
Category: Project Risk Management
What Are the Benefits of Project Risk Management?
The are several important benefits of Project Risk Management such as: Anticipating risks/uncertainties in the project execution phase by accounting for them in the project plan Creating realistic cost and schedule estimates,…
What Is the Difference Between Positive and Negative Risks?
Risks to many Project Managers strictly mean “bad news”, however, some risks can be positive, so what are the differences between positive and negative risks? Here’s a list highlighting those differences: Negative…
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