All project management is risk management”
(Eric Verzuh)
Risk management is an essential activity in any project or organisation. Risk is defined by M_o_R (Management of Risk, the OGC methodology) as uncertainty of outcome. A risk manager is concerned with managing the risks (uncertain issues and incidents) that, were they to occur, would affect the product or [...]
Entrepreneurship is defined as set of different activities that consist the business development. These activities are starting with idea, project development, evaluation, investment, development, start-up, expansion, harvesting, re-evaluation and cycle improvement. All these activities are important for sustainable development of the business.
But during this step-by-step business process, there are many situations where the whole process [...]
In the risk evaluation phase, there are a number of key areas that must be covered. One of the most important is to understand probable threats. In an ideal world, which most of us have noticed does not exist, we would identify and protect ourselves against all threats to ensure that our business continues to [...]
Almost anything you do in life is going to involve some sort of risk. Whether it be playing sports, driving a car down the road, working for a company or starting your own business. When you go out and play a game of soccer, you have to analyze the risks that go along with playing. [...]
