Flashcards
11.1 Flash Cards (risk mgt)
Cards in this deck (7)
- 1Overall project riskThe effect of uncertainty on the project as a whole, arising from all sources of uncertainty including individual risks, representing the exposure of stakeholders to the implications of variations in project
outcome, both positive and negative. - 2Individual project riskis an uncertain event or condition that, if it occurs, has a positive or negative effect on
one or more project objectives. - 3Ambiguity riskUncertainty exists about what might happen in the future. Areas of the project where imperfect knowledge might affect the project’s ability to achieve its objectives include: elements of the requirement or technical solution, future developments in regulatory frameworks, or inherent systemic
complexity in the project - 4What is? uncertainty exists about some key characteristics of a planned event or activity or decision.Variability risk.
- 5Project Charter, Project management plan, project documents, enterprise environmental factors and organizational process assetsInputs
- 6Tools and Techniques(1) Expert Judgment
(2) Data Analysis
(3) Meetings - 7OutputsRisk Management Plan
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- PMP risk management
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- Deleted user · Feb 2018
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- Feb 7, 2018
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- Created by Tiesha Hall · Feb 7, 2018
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