2. Understanding the risks and opportunities approach

Your project is therefore defined by :

• Expectations regarding its implementation (deadlines, human and material resources available for use, budget, etc.);

• expectations relating to its object (the product to be designed, the equipment to be deployed, the event to be organized, etc.) associated with characteristics (technical specifications, performance, functions, costs, etc.).

These expectations are expressed in the form of objectives. The project has been decided (or will be decided) because these objectives are important to your company (or organization).

Risk is the "effect of uncertainty". An effect is "a deviation, positive or negative, from an expectation" (ISO 9000:2015 § 3.7.9).

More often than not, a result is...