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Chapter of Project Management Tools and Techniques 7

Chapter of Project Management Tools and Techniques 7

www.acornlive.com

2 7.1 Risk management Risk is the chance or probability of something that may or may not occur; it is something which can be quantified (using standard deviation). Uncertainty is something, which cannot be predicted with statistical confidence, normally due to insufficient information.

  Project, Management, Chapter, Risks, Tool, Technique, Quantified, Chapter of project management tools and techniques, Can be quantified

Science and Technology

Science and Technology

www.edu.gov.on.ca

can; switching to renewable resources where possible. Change and Continuity Change is the process of becoming different over time, and can be quantified. Continuity represents consistency and connectedness within and among systems over time. Interactions within and among systems result in change and variations in consistency.

  Technology, Sciences, Science and technology, Quantified, Can be quantified

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