Article: Managing Project Risks And Issues

Managing Project Risks And Issues

What is the difference between a project risk and a project issue and what different types can I expect to encounter? What tools can I use to manage the risks and issues on a Project? This article offers some possible answers, drawn from experience on Intranet Portal deployments and the PRINCE methodology.



Inherent (or Business) Risk



Inherent Risk is the risk that exists in the environment around your portal project. It will tend to be unique to your organisation; it's culture and politics. For example, if you have a fragmented business (either geographical or functional), then this will create a higher inherent risk of poor communication.



Project (Specific) Risk



Project Risk is the risk specific to your project. Some Project R...
 

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Managing Project Risks And Issues

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