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    Project risks management

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    Hany Ismail, MSC, PMP Hany Ismail, MSC, PMP

    Project Risk Terms and Definitions

    • Posted by Hany Ismail, MSC, PMP
    • Categories Project Management
    • Comments 0 comment
    February 2, 2014
    0

    Terms and Definitions used regularly in construction projects and defined in PMI PMBOK
    A project risk is a potential source of deviation from the project plan. Project risks can have a negative or positive impact on the project. Project risks that are negative are called threats. Project risks that are positive are called opportunities.
    Non-critical risks should be documented. They should be revisited and reviewed regularly.

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