-
ap499 replied to the topic Dangerous Syndromes for risk management in the forum Project Management Process and Medical Device Development 6 years, 5 months ago
The phrase – “Everything is about risk” means that the entire project is dependent on whether the reward of continuing the project will outweigh the risk. A project manager must analyze all the possible options and their outcomes before taking the risk. The method to go about is as follow: Identify the risk, Analyze the risk, Evaluate or rank the risk, Treat the risk, and Monitor and review the risk. This method will efficiently support the project manager in making a decision.