Risk Assessment

When determining risk assessment, you are trying to examine whether the identified risks are acceptable in the proposed actions you' ve laid out over the course of the project. A commonly heard term in the halls of project managers is showstopper—anything that can completely sidetrack a project. Risk assessment involves putting on your Amazing Karnak persona and trying to foretell what the showstoppers are likely to be in the project at hand. Some are obvious: hardware expense, software development costs, expensive consulting help. Others are elusive, such as security considerations or the "a miracle happens here" phenomenon.

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