Introducing Project Risk Management - Planning for Risk Management
4 important questions on Introducing Project Risk Management - Planning for Risk Management
What is key in risk management?
What is the difference between risk tolerance and risk appetite?
- Risk tolerance describes the amount of risk exposure an organization is willing to tolerate in a project. It is known at the start of a project or becomes clear during the project.
- Risk appetite describes the organization's willingness to take on risks in anticipation of the rewards the risks will bring.
What do we mean with the utility function?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
Which organizational process asset must the project manager use for risk management?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding