2. Generic risk management
The aim of generic risk management is to identify, analyze, assess and control the risks of project failure associated with the project management process itself.
The five stages of project risk analysis introduced above are detailed below.
2.1 Definition of acceptable generic risks
As already mentioned, performance, safety, financial and schedule objectives must be met by the end of the project. These are generally defined on the basis of feedback from previous projects of a similar nature.
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