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Project Management & Agile · Foundational

Individual Project Risk

An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives.

Definition

Individual risks are recorded in the risk register with probability, impact, owner, and response. Positive risks are opportunities; negative risks are threats.

Example

Risk: a key developer may resign during the build phase.

Exam tip

Risks are uncertain future events; issues are current problems.

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