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Managing Risks and Controlling Projects: How Data-Driven Project Management Come in Useful for Multi-Project Environments

Epicflow Blog

For example, the aerospace and defense industry is associated with the following risks: Volatility in the geopolitical and economic environment, Competition in the domestic and international markets, Exposure to cyber risks, and others. Read more: A Quick Guide to Essential Project Management Metrics.

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How to Create an Effective Probability and Impact Matrix

Project Pulse Journal

Note : It's essential to review the matrix as you progress with the project and at significant milestones. This is part of a project manager's monitoring and controlling. Best Practices: - Ensure that the matrix is tailored to your project's specific requirements and adhering to industry standards (e.g., ISO, NIST, etc.).

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Risk Management Resources

Herding Cats

Mitigating Cognitive Biases in Risk Identification: Practitioner Checklist for the Aerospace Sector,” Debra L. Monitoring software maintenance project risks,” Cristina López, Jose L. A study of ontology-based risk management framework of construction projects through project life cycle,” H.

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A Compendium of Risk Management Resources

Herding Cats

Mitigating Cognitive Biases in Risk Identification: Practitioner Checklist for the Aerospace Sector,” Debra L. Monitoring software maintenance project risks,” Cristina López, Jose L. A study of ontology-based risk management framework of construction projects through project life cycle,” H.