{"id":5259,"date":"2023-02-27T02:24:50","date_gmt":"2023-02-27T02:24:50","guid":{"rendered":"https:\/\/course.oeru.org\/ipm103\/?page_id=5259"},"modified":"2023-02-27T02:24:50","modified_gmt":"2023-02-27T02:24:50","slug":"risk-management-process","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/ipm103\/learning-pathways\/risk\/risk-management-process\/","title":{"rendered":"Risk management process"},"content":{"rendered":"
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Risk<\/div>\n<\/div>\n<\/div>\n\n\n\n\n
\u201c\n<\/td>\n Managing risks on projects is a process that includes risk assessment and a mitigation strategy for those risks. Risk assessment includes both the identification of potential risk and the evaluation of the potential impact of the risk. A risk mitigation plan is designed to eliminate or minimize the impact of the risk events – occurrences that have a negative impact on the project. Identifying risk is both a creative and a disciplined process. The creative process includes brainstorming sessions where the team is asked to create a list of everything that could go wrong. All ideas are welcome at this stage, with the evaluation of the ideas coming later.\n<\/td>\n \u201d\n<\/td>\n<\/tr>\n
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\u2014Adrienne Watt, chapter 16<\/cite><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\nThe pages which follow will cover these in more detail:\n<\/p>\n