- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
An examination of risk areas or events to assess the probable consequences for each event (or combination of events in the analysis), and determine possible options for avoidance.
Industry:Business services
A risk response planning technique for a threat that creates changes to the project management plan that are meant to either eliminate the risk or to protect the project objectives from its impact. Generally, risk avoidance involves relaxing the time, cost, scope, or quality objectives.
Industry:Business services
A group of potential causes of risk. Risk causes may be grouped into categories such as technical, external, organizational, environmental, or project management. A category may include subcategories such as technical maturity, weather, or aggressive estimating. See also risk breakdown structure.
Industry:Business services
A repository that provides for collection, maintenance, and analysis of data gathered and used in the risk management processes.
Industry:Business services
The process of determining which risks might affect the project and documenting their characteristics.
Industry:Business services
An explanation of a project team members roles and responsibilities.
Industry:Business services
A specific type of professional or management activity that contributes to the execution of a process and that may employ one or more techniques and tools.
Industry:Business services
The document describing how project risk management will be structured and performed on the project. It is contained in or is a subsidiary plan of the project management plan. The risk management plan can be informal and broadly framed, or formal and highly detailed, based on the needs of the project. Information in the risk management plan varies by application area and project size. The risk management plan is different from the risk register that contains the list of project risks, the results of risk analysis, and the risk responses.
Industry:Business services
