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Risk Mitigation Plan: Definition & Top Strategies

ProjectManager.com

Risk is always present. If we were to try and avoid all risks, it would be paralyzing—not to mention impossible. As you might imagine, there’s a process in project management that addresses risk and how to deal with it. It’s called risk mitigation. No project plan is complete without a solid risk mitigation plan.

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What Is Project Risk? 7 Project Risks to Track

ProjectManager.com

Controlling risk is one of the most important areas of project management. Project managers need to know how to identify, track and mitigate project risk. Let’s learn what is project risk, some common examples and how can you manage it. What Is Project Risk? Get started for free today.

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Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

Learn more The first project management basic is the definition of a project, which allows us to understand what project management is and why it’s so important for any type of organization. They also manage risk and monitor project progress to make sure people are working unobstructed and within the schedule and budget.

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The Confusion Over Risk

Project Risk Coach

Why are many project managers confused over risks? Why do some project managers include positive risks in risk management and others do not? Let's clarify what we mean by the term risk. Risk is a Choice Merriam-Webster defines risk as “the possibility of loss or injury: peril.” Peter Bernstein.

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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

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Book review: Risk Happens

Rebel’s Guide to PM

Mike Clayton defines risk as “uncertain events that can affect outcomes,” in his book, Risk Happens!: Managing Risk and Avoiding Failure in Business Projects. Risk management is the most important of your project controls. So what exactly is project risk management? Risk breakdown structures.

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General Conditions in Construction: Definitions & Best Practices

ProjectManager.com

Get the risk management, task management and resource management tools you need to stay productive and complete your projects on time and within budget. The post General Conditions in Construction: Definitions & Best Practices appeared first on ProjectManager. Get started with ProjectManager today for free.

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Predictive Analytics 101: Your Roadmap to Driving Key Product Decisions

Speaker: Sriram Parthasarathy

You'll learn: The definitions of common industry terms including predictive analytics, advanced analytics, and more. Why every application that fails to talk about the future is at risk of getting replaced. We’ll explore real-world examples of predictive in action and outline steps to help you maximize its value.