Not All Risks are Negative
By Ray Myers, Jr., PMP
Risk events can have both negative and positive impacts on a project. Most people think of risk in negative terms, however some events could have a positive impact on a project. Consider how an unexpected drop in the cost of materials could reduce the overall cost of a project.
We call it an opportunity when risk has a positive impact on a project, but we still manage opportunities as risk.
About the Author: Ray Myers, Jr. is a PMP certified project manager with over 20 years experience planning and managing technology projects. Contact Ray at www.pmservicesnw.com
Article source: www.pmservicesnw.com