- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
An examination of risk areas or events to assess the probable consequences for each event (or combination of events in the analysis), and determine possible options for avoidance.
Industry:Business services
A risk response planning technique for a threat that creates changes to the project management plan that are meant to either eliminate the risk or to protect the project objectives from its impact. Generally, risk avoidance involves relaxing the time, cost, scope, or quality objectives.
Industry:Business services
A group of potential causes of risk. Risk causes may be grouped into categories such as technical, external, organizational, environmental, or project management. A category may include subcategories such as technical maturity, weather, or aggressive estimating. See also risk breakdown structure.
Industry:Business services
Those processes performed to define and mature the project scope, develop the project management plan, and identify and schedule the project activities that occur within the project.
Industry:Business services
The target cost figure covering the construction phase of a project. It includes the cost of contracts with trade contractors; construction support items; other purchased labor, material and equipment; and the construction manager's cost (but not the cost of land, A/E fees, or consultant fees).
Industry:Business services
A repository that provides for collection, maintenance, and analysis of data gathered and used in the risk management processes.
Industry:Business services
The centralized management of one or more portfolios, which includes identifying, prioritizing, authorizing, managing, and controlling projects, programs, and other related work, to achieve specific strategic business objectives.
Industry:Business services
The process of determining which risks might affect the project and documenting their characteristics.
Industry:Business services
An explanation of a project team members roles and responsibilities.
Industry:Business services
