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Essay

Proactive Risk Management

Essay specific features

 

Issue:

Technology

 

Written by:

Ethel Q

 

Date added:

November 27, 2011

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 625

 

Was viewed:

6071 times

 

Rating of current essay:

 
Essay content:

Methods for identifying drivers (causes) of risks are provided so you can manage root causes rather than the symptoms of risks. Hence, the risk assessor can develop prevention plan for the risk event and contingency plan for the impact if the risk materializes. The book also provides an appropriate quantification of the key factors of a risk that allows you to prioritize risks without introducing errors that render your numbers meaningless...
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The distinction between a risk and an issue is explained and the different types of management they require. Various supporting tools and strategies are provided that support implementation of an effective project risk management program. Further, guidance is provided on identifying and overcoming the organizational and cultural impediments that can block implementation of your risk management program...
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