There are distinct differences between leadership and management. From a project management perspective, risk management is a continuous exercise all through the lifetime of the project that seeks to identify potential risks to supply, evaluate their possible affect, develop mitigation plans and monitor progress. It’s useful to consider that the supply of the risk is called the risk cause (the potential set off points for each risk), the risk event describes the world of uncertainty, and the risk effect which describes the risk influence on the project aims.
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