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Project Decision-Making

Velociteach

How do they feel about risk, empowerment, accountability, hierarchy, and control? Risk tolerance describes comfort in taking risks. Start-ups generally have a greater risk tolerance than well-established organizations. By managers? Psychological safety is the nexus of risk tolerance and empowerment.

2014 90
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The Complete Glossary of 614 Project Management Terms

Workamajig

Just the links below to jump to the right project management term: A B C D E F G H I J K L M N O P Q R S T U V W. Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. A project sponsor can request an audit.