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	pdf
Pages	12 Pages
File Size	586.48 KB
Views	7130
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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