Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. ( please in your own words) explain how risk manag

( please in your own words) explain how risk management is related with overall project management?

80.2K

Verified Solution

Question

General Management

( please in your own words) explain how risk management isrelated with overall project management?


Answer & Explanation Solved by verified expert
3.8 Ratings (353 Votes)
Risk management is being used by the project managers to reduce the negative impact of any potential problem that may occur during the project tenure Risk is uncertain and can arise from various sources like financial uncertainty legal liabilities strategic management errors accidents and natural disasters Hence    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

Right Oblique 1 e Right cylinder on the left The solids shown have the same...

Physics
1.2K views

Two vehicles are approaching an intersection. One is a 2300 kg pickup traveling at 13.0 m/s...

Mechanical Engineering
1.2K views

A pair of gears with 25?, full-depth, involute teeth transmits 125 hp while the pinion rotates...

General Management
1.2K views

what criteria to be the best airlines in the world

Biology
1.2K views

14 Chaperones allow correct folding of a protein in the Peroxisomes before mov to the...

Physics
1.2K views

Gravitation 39 3 An artificial satellite is moving around earth in a circular orbit with...

Basic Math
1.2K views

If the mean weight of 3 outfielders on the baseball team is 192 lb and...

Accounting
1.2K views

Question 5 (1 point) Saved Step down method considers each service department's...

Accounting
1.2K views

Derive the NPW equation formula by hand.

Accounting
1.2K views

I need help answering the ABC questions I've already solved the ratios ...

Accounting
1.2K views

IRS Rev. Rul. 59-60: Deals with the valuation of closely held businesses. Provides a list...

Accounting
1.2K views

A large corporation had a net long-term capital loss in 2016 and net operating loss...