Risk analysis holds an important place in business. To make money and stay afloat, organizations need someone to analyze associated risks and weigh their impact on the profits or losses of the...
Category: Risk Management
Preparing for your PMP exam may take a significant toll on you since you only get two shots or wait for the next round of applications. Also, project management is pretty comprehensive and has lots...
The cone of uncertainty entails the uncertainty and risks when an organization invests in a software project. The cone depicts the number of risks and degree of precision for uncertainty through the...
The risk could be defined as the impact that could happen on an operation, goal, task, or planning of an organization. It could be a positive or negative impact. If the impact is positive, that could...
The business environment is complex and ever-changing. Therefore, all organizations should come up with processes to effectively and proactively manage risks that may occur in the course of...
A contingency plan is just another name of 'plan B.' it is a backup plan made to be used when things won't be going according to plan A. When plan A goes into an unexpected phase, that is when the...
