Project risk management

The objectives of project risk management are to increase the probability of occurrence and impact of positive events, or opportunities, and to reduce the probability and impact of negative events, or risks, by implementing action plans.

There are two attitudes to risk:

• non-reactivity, when nothing is done until a problem arises, i.e. "fire-fighter" type behavior;

• proactive, when risks are identified, their probability of occurrence and their impact assessed; a plan is drawn up to manage the risks, which corresponds to the behavior of a "good project manager".

The second option is of course strongly recommended for good risk management.

It's possible to enjoy risk management if you master the right practices.