Risk Owner in Project Management
Who should be the risk owner in project management? Project management is the process of directing teamwork to achieve all project objectives within given...
Calculate Risk Probability and Impact Matrix
For companies and organizations, the risk is calculated by the equation: Risk = Probability x Impact. This means that the total risk level is...
Risk Probability and Impact Matrix
The Probability and Impact Matrix is a tool for the project team to prioritize risks. As you may be aware, every project can have...
The 5 levels of risk
What are the 5 levels of risk? According to project management books they all define the five levels of risk been low, medium, high...
Difference Between Consequence and Risk
This article will discuss the difference between consequence and risk and thereafter, risk assessment will equally be discussed. Consequences are the inevitably undesirable outcomes...
Project Management course
Most students have written to us via email and search on the Worlds most popular search engine Google, asking for What is the course...
Five Ways to Manage Risk
The discourse for this article will centre on the five ways of managing risk and what are the 5 types of risk management OR...
Project Risk Management
Risk management is the process by which identification, evaluation and prevention or mitigation of risks to a project which have potential to dent the...
Project Scope in Software Engineering
This discourse will discuss project scope in software engineering which it will do but first defining what scope of project is, its importance before...
Scope of The Project Example
What is scope of the project example? and Importance of defining project scope: The initial step in project planning is scribing its scope statement...
