AI-Powered Risk Management eBook 5: Risk Register and Risk Response Strategy

Every project is subject to uncertainties. A project risk register is a tool that lists and prioritizes these uncertainties based on their potential impact and likelihood. It gives a clear snapshot of what might go wrong and how severe the consequences might be. A Risk Response Strategy, meanwhile, outlines a plan to address the risks, avoiding, mitigating, or even accepting certain risks to keep the project on track.

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