planning for success- risk and issue management Flashcards
1
Q
what is risk and risk management?
A
risk is the potential of an event or situation to impact of achievements or objectives
risk management- process put in place that allows risk events to be understood and managed proactivity, optimising success by minimising threats and maximising opportunity
2
Q
what is an issue and issue management?
A
an issue is a problem that is now breaching delegated tolerance for work on the project. An issue will require project sponsor input to agree a resolution
issue management- the purpose is to provide a process to identify and document issues and find a resolution