UCI 301 LESSON 8: RISK MANAGEMENT
| Institution | MASENO UNIVERSITY |
| Course | UCI 301: PROJECT MAN... |
| Year | 3rd Year |
| Semester | Unknown |
| Posted By | Codred Agencies |
| File Type | |
| Pages | 12 Pages |
| File Size | 586.48 KB |
| Views | 7277 |
| Downloads | 2 |
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Description
Risk management is the systematic process of planning for, identifying, analyzing, responding to, and monitoring project risks. It involves processes, tools, and techniques that will help the project manager maximize the probability and results of positive events and minimize the probability and consequences of adverse events as indicated and appropriate within the context of risk to the overall project objectives of cost, time, scope and quality.
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