risk management

Basic idea

Identifying, analysing, planning for, and monitoring uncertain events that could impact a project. Drives the risk management plan (RMP) and ongoing tracking.

Key formulas

• Risk exposure: $RE = P \cdot I$
• Expected monetary value: $EMV = \sum_i P_i \cdot V_i$

Pages

• Risk Management
• Risk Management Planning
• Risk management process

Siblings

• cost estimation
• individuals and motivation
• process and management
• project scheduleing
• quality management