Is it reasonable to assume that project risk will remain static throughout the project life cycle?...

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General Management

Is it reasonable to assume that project risk will remain staticthroughout the project life cycle? What is good practice whendealing with risk throughout the project life cycle? What methodscould be applied?

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In any given Project risk form an integral part Certain risks are incidental to a Project which may not be completely eliminated but can be taken in control while there are few other risks that can be mitigated completely Therefore it cannot be actually reasonable to assume that Project risk will remain static throughout the Project life cycle Few risks that are out of our control may remain static because it can impact the Project at any point of time while few other risks that can be eliminated during the Project Life Cycle shall not remain static at all times owing to our power of control over it Hence the good practice when dealing with risk throughout the Project Life Cycle would be to essentially undertake the Risk plan in order to identify the risks associated with the Project and how could it See Answer

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