Project Risk Management

What’s a risk?
There are no guarantees on any project! Even the simplest activity can run into
unexpected problems. Any time there’s anything that might occur on your project
and change the outcome of a project activity, we call that a risk. A risk can be an
event (like a fire), or it can be a condition (like an important part being unavailable).
Either way, it’s something that may or may not happen…but if it does, you will be
forced to change the way you and your team work on the project.