Risk Management Process

The risk management process is fundamental to the successful delivery of any project whether it is light or heavyweight in nature. The risk management process is there to ensure that each risk is properly identified, documented, categorized, and resolved within the project environment. For the purpose of this project, risks are defined as "those project events that are most likely to adversely affect the ability to produce the required deliverables." Therefore, to understand risk management at its best, an overview of five key processes that make up the risk management framework follows:

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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