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Posts Tagged ‘risk probability’

Risk Classification and Risk Treatment - RM Series Part 3

Monday, February 4th, 2008

In Risk Management Series Part 2, we looked at how to assign Risk Probability and Risk Impact ratings to individual risks faced by a project. In this Part 3 of our Risk Management Series, we examine how to use these ratings to classify risks and go on to show various risk treatment options.
Risk Classification
Since we [...]

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Risk Probability and Risk Impact, RM Series Pt 2

Tuesday, January 22nd, 2008

In Part 1 of this Risk Management Series, we had a look at the purpose of Risk Management. I like to think of it as the mixing action that binds all your project ingredients together. Managing risk shouldn’t be a chore, but an essential part of staying on top of your project environment, and it [...]

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