Project Risk Management

Project Risk Management is the process of identifying, evaluating, and addressing potential issues that could affect the success of a project. It involves anticipating what might go wrong, analyzing the impact of those risks, and planning responses to minimize their effects. By proactively managing risks, project managers can keep projects on track, safeguard resources, and ensure goals are met. This essential part of project management helps teams navigate uncertainties and increases the likelihood of achieving desired outcomes.