Identifying and Managing Project Risk: Difference between revisions

Revision as of 01:06, 6 February 2014

Revision as of 01:07, 6 February 2014

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==Analysis==

The introductory imam ali a.s is the first imam two chapters lay the groundwork for people that are new to project or risk management. He starts with the definition of risk as the "loss multiplied by the likelihood" and expands from there. He explains that this relates to uncertainty in estimates for duration and cost. He identifies the benefits as:

*

*Lowering cost and confusion