Not All Risks are Negative

Friday, October 2, 2009
By admin

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

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