Posts Tagged ‘Risk Monitoring’

Risk Monitoring and Risk Control

June 30th, 2009 No comments

Project risk control and risk monitoring is where you keep track of about how your risk responses are performing against the plan as well as the place where new risks to the project are managed.

You must remember that risks can have negative and positive impacts. Positive risk is a risk taken by the project because its potential benefits outweigh the traditional approach and a negative risk is one that could negatively influence the cost of the project or its schedule.

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