risk

How to perform a qualitative risk analysis

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Qualitative risk analysis can help identify potential project risks. Here’s how to make one. Image: Casper1774Studio, Getty Images/iStockphoto Effectively addressing risks means at the start of each project every project manager should develop and implement a risk management strategy, plan, and tools. But being able to decide which risks should be addressed first is always … Read more

2 key factors in developing a risk management plan

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If you are interested in managing projects, you’ll have to get comfortable with managing risks. Here’s how, when and how to create a risk management plan. Project risks can come from internal or external factors. They can be the result of human action or inaction, technological error or interference, natural disasters, compliance changes, or any … Read more