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Effective Ways for Managing Risk in Project Management

There are many systems put in place by different organizations to identify and manage issues and risk, but all of them, according to this post by Nic Windley,  boil down to these basic steps: identify, assess, plan responses, and select & implement. By understanding and utilizing this basic process, organizations can more readily understand what must occur for issues and risks to be well handled before they grow to the point of project failure.

 

 

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