Transcription of RISK MANAGEMENT PROCESS IN PROJECTS
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RISK MANAGEMENT PROCESS IN PROJECTS
Review of General MANAGEMENT , Volume 30, Issue 2, Year 2019 97 RISK MANAGEMENT PROCESS IN PROJECTS Elena DOVAL Abstract: Due to the rapid changes in the external environment of organiza-tions, PROJECTS of any type are subject to risks and uncertainty. If the uncer-tainty cannot be controlled, the risk instead, being a probability, can be anticipated, measured, and managed. In this context, the paper focuses on a number of general aspects regarding project risk, types of risks, and project risk MANAGEMENT . Also, the project risk MANAGEMENT PROCESS is presented in detail, addressing four stages: risk identification, risk analysis or assess-ment, risk MANAGEMENT , and risk control.
2009). Project risk is an uncertain event or condition that, if it occurs, af- ... Projects by their nature are risky, so the project manager has a key role in identifying, planning, and managing risks. ... The progress of the project as desired, with the least amount of de-
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