What Are Some Good Risk Management Techniques?

What Are Some Good Risk Management Techniques?

Risk management is the process of identifying, assessing, and prioritizing potential risks to control their impact on a project. Techniques such as brainstorming, interviews, and surveys can be used to identify risks, while assessing risks involves qualitative and quantitative methods. Planning for risks includes ongoing assessments and meetings, risk audits, variance and trend analysis, and technical performance measurement. A savvy project manager understands the importance of risk management and takes proactive steps to mitigate potential issues.