8. Risk management

Project management therefore follows the patterns described above, while trying to avoid risks, i.e. the possibility that project implementation may lead to results that differ from the intended objectives, with the difference being considered damaging or even unacceptable (see Project Management Dictionary).

The cause of a risk can be :

• or uncertainty, at the time of planning (an event whose occurrence is not probable or whose consequences cannot be assessed);

• or a hazard (i.e. a more or less probable event that disrupts the execution of planned processes);

• or an unforeseen event occurring during the course of the project.

The notion of risk is inseparable from the notion of project.

Figure...