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Proactive Risk Management
Essay specific features
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Written by:
Ethel Q
Date added:
November 27, 2011
Level:
University
Grade:
B
No of pages / words:
3 / 625
Was viewed:
6119 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...
displayed 300 characters
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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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