What Is Risk Management In Projects? |
What is risk management? How is risk management in projects defined? What role does the Triple Constraint play in project management? These questions centered around risk management in projects are all answered in this brief video hosted by Director, Jennifer Whitt.
Be sure to WATCH THE ENTIRE VIDEO and learn exactly what project risk management is, along with how and when to apply it.
Learn about the Triple Constraint and how elements of risk can affect the scope, quality cost or time of a project. Jennifer also talks about the relationship between the project management plan and the risk management plan.
What is entailed in the risk management plan? Basically, it's the (risk management) process or the determination of how to manage risk on the project.
Risk management tools such as project management software, excel and templates are also a vital part of project risk management Plus, you'll learn about all the activities used to manage risk throughout the entire project.
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