Risk Management

Risk is the possibility that you may not achieve your product, schedule, o resource targets because something unexpected occurs or something planned doesn’t occur. All projects have some degree of risk because predicting the future with certainty is impossible.

However, project risk is greater.

The longer your project
lasts.

The longer the time between preparing your project plan and starting the work.

The less experience you, your team members, or your organization may have with similar projects.

The newer your project’s
technology.