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Project Management for Flat Organizations by Laura Burford

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CHAPTER 14

DETERMINE PROJECT RISKS

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Covered in this chapter:

Definition of risk

Identifying project risks

Assessing, prioritizing, and rating risk

Planning risk response strategies

Monitoring and managing risk using a risk register

Modifying the project plan based on potential risks

Precisely predicting the future is impossible. All projects are plagued by unknowns, uncertainties, and unexpected events known as project risks. If the planning process to date has been thorough and realistic, project risks will be minimal, but what if an unexpected event does occur? What if there is a need to respond to a setback? To address these possibilities, ...

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