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  2. Project risk management - Wikipedia

    en.wikipedia.org/wiki/Project_risk_management

    Project risk is defined by the Project Management Institute (PMI) as, "an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives." [1] Within disciplines such as operational risk, financial risk and underwriting risk management, the concepts of risk, risk management and individual risks ...

  3. Risk management plan - Wikipedia

    en.wikipedia.org/wiki/Risk_management_plan

    A risk management plan is a document that a project manager prepares to foresee risks, estimate impacts, and define responses to risks. It also contains a risk assessment matrix. According to the Project Management Institute, a risk management plan is a "component of the project, program, or portfolio management plan that describes how risk ...

  4. Risk management - Wikipedia

    en.wikipedia.org/wiki/Risk_management

    Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events [1] or to maximize the realization of opportunities.

  5. Risk breakdown structure - Wikipedia

    en.wikipedia.org/wiki/Risk_breakdown_structure

    An Introduction to the Risk Breakdown Structure. When planning a project to meet targets for cost, schedule, or quality, it is useful to identify likely risks to the success of the project. A risk is any possible situation that is not planned for, but that, if it occurs, is likely to divert the project from its planned result.

  6. Identifying and Managing Project Risk - Wikipedia

    en.wikipedia.org/wiki/Identifying_and_Managing...

    OCLC. 50803496. Dewey Decimal. 658.4/04 21. LC Class. HD61 .K46 2003. Identifying and Managing Project Risk by Tom Kendrick is a book about identifying and managing risks on projects. It was published on April 25, 2003 by American Management Association.

  7. Operational risk management - Wikipedia

    en.wikipedia.org/wiki/Operational_risk_management

    Operational risk management ( ORM) is defined as a continual recurring process that includes risk assessment, risk decision making, and the implementation of risk controls, resulting in the acceptance, mitigation, or avoidance of risk. ORM is the oversight of operational risk, including the risk of loss resulting from inadequate or failed ...

  8. Spiral model - Wikipedia

    en.wikipedia.org/wiki/Spiral_model

    e. The spiral model is a risk-driven software development process model. Based on the unique risk patterns of a given project, the spiral model guides a team to adopt elements of one or more process models, such as incremental, waterfall, or evolutionary prototyping .

  9. Project management - Wikipedia

    en.wikipedia.org/wiki/Project_management

    Project management is the process of leading the work of a team to achieve all project goals within the given constraints. [1] This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time, and budget. [2] The secondary challenge is to optimize the ...

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