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Risk Management is important part of Project Management - Risk analysis and management
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Q. Risk Management is important part of a Project Management.
- Published on 14 Aug 15
a.
True
b.
False
ANSWER: True
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Discussion
Prajakta Pandit
-Posted on 06 Nov 15
- The above statement is true. Risk management is important part of a project management.
- Effective risk management strategies allow you to identify your project's strengths, weaknesses, opportunities and threats.
- Risk management plans contribute to project success by establishing a list of internal and external risks.
- This plan typically includes the identified risks, probability, potential impact and proposed actions.
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