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Risk Management for Project Managers: Concepts and Practices
ISBN:
9780791860236
No. of Pages:
104
Publisher:
ASME Press
Publication date:
2014
eBook Chapter
3 Developing a Risk Assessment and Mitigation Strategy
Page Count:
5
-
Published:2014
Citation
Goncalves, M, & Heda, R. "Developing a Risk Assessment and Mitigation Strategy." Risk Management for Project Managers: Concepts and Practices. Ed. Goncalves, M, & Heda, R. ASME Press, 2014.
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Risk is a part of life in everything we do. No activity is free of risk but we do not give in to a life of inaction just because there is risk in everything we do. In a similar fashion, software projects are prone to risks at every stage. There is a risk of market demand shrinking due to general economic conditions, risk of losing key resources during the project, risk of a natural calamity, etc.
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