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

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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

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