Effective risk management strategies allow you to identify your project's strengths, weaknesses, opportunities and threats. By planning for unexpected events, you can be ready to respond if they arise ...

Your project is on schedule, until legal reviews take way longer than anticipated. You find out—too late—this exact situation happened with another a project a few years ago. Sound familiar?

Because risk is a part of any project, an important role of the project manager is to identify and control it. Without any control, risks can become disasters, causing delay, unnecessary expenses and ...

The ultimate purpose of risk identification and analysis is to prepare for risk mitigation. Mitigation includes reduction of the likelihood that a risk event will occur and/or reduction of the effect ...

Because even the best planned projects deal with uncertainty, managing risk is a key component of successful project design. Starting with a brief review of project risk management concepts and ...

You could probably fill a library (or data centre) with all the books available out there on project risk management. Much of that intellectual capital focuses on how to assess and value the potential ...

Learn from pros. Our instructors are industry experts who are passionate about project management and your success. While these can each be taken as stand-alone courses, many learners choose to take ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...