ℹ️ Risk is one of the six dimensions of project performance.
Risks are events or uncertainties that might impact the progress of a project at any time.
There are two types of risk: threats and opportunities.
Project managers try to anticipate as many risks as possible and plan actions in advance to deal with those that do arise.
A colour coded probability impact grid is used to visualise the spread of risks and prioritise those for which a response plan is needed.
💡 Do you maintain a risk register and actively manage risks throughout the project?