question archive RESPOND TO POST BELOW It is important to identify risks so that you know what could potentially happen, create processes to help mitigate risks, and devise a plan for what to do if the worst should happen
RESPOND TO POST BELOW It is important to identify risks so that you know what could potentially happen, create processes to help mitigate risks, and devise a plan for what to do if the worst should happen
Subject:Health SciencePrice: Bought3
RESPOND TO POST BELOW
It is important to identify risks so that you know what could potentially happen, create processes to help mitigate risks, and devise a plan for what to do if the worst should happen. It is important to categorize risks as high, medium, or low probability to know what you're up against, what is most likely to happen, and to better tailor the mitigation processes and the what to do if it happens plans. Risks associated with the critical path of the project need special attention because they can have a major impact on the project or cause it to derail completely.
The outcome you are looking for with a project should determine how you measure the net benefit. For example you may be looking for a boost in reputation or you could be looking to make a profit. The measurement for each of these outcomes would be wildly different. It can sometimes be difficult to measure the true net benefit of a project as not all benefits are tangible.
